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Net worth update per


This is swordy's #3 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 2,115,202 and my FI portfolio increased to AUD 1,540,142


Net worth

AUD 2,115,202

Since the last update on my net worth has increased with AUD 743,952 (+ 54.25 %).

FI portfolio

AUD 1,540,142

Since the last update on my FI portfolio has increased with AUD 672,892 (+ 77.59 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in AUD.
Change
Cash 50,000 -32,000 18,000
Investments 567,250 +664,169 1,231,419
Retirement acc 250,000 +40,723 290,723
Real estate 635,000 + 65,000 700,000
Other assets 45,000 0 45,000
Total assets 1,547,250 +737,892 2,285,142

Mortgage 176,000 -6,060 169,940
Other debt 0 0 0
Total debt 176,000 -6,060 169,940
Change
Cash 50,000 -32,000 18,000
Investments 556,541 +674,878 1,231,419
Retirement acc 250,000 +40,723 290,723
Real estate 620,000 + 80,000 700,000
Other assets 50,000 -5,000 45,000
Total assets 1,526,541 +758,601 2,285,142

Mortgage 180,000 -10,060 169,940
Other debt 1,500 -1,500 0
Total debt 181,500 -11,560 169,940
Change
Cash 50,000 -32,000 18,000
Investments 556,541 +674,878 1,231,419
Retirement acc 250,000 +40,723 290,723
Real estate 620,000 + 80,000 700,000
Other assets 50,000 -5,000 45,000
Total assets 1,526,541 +758,601 2,285,142

Mortgage 180,000 -10,060 169,940
Other debt 1,500 -1,500 0
Total debt 181,500 -11,560 169,940

I am now 59.2% on my way to achive my FIRE target of AUD 2,600,000. This is 25.9 percentage points closer, compared to the last net worth update.

AUD 1,540,142 FIRE target: AUD 2,600,000


59.2%

FI portfolio

My FI portfolio now consists of AUD 1,231,419 (80.0%) in investments, AUD 290,723 (18.9%) in retirement accounts, and AUD 18,000 (1.2%) in cash.

Investments

Since my last update, my investments increased with AUD 664,169 (117.09%).

Retirement accounts

Since my last update, my retirement accounts increased with AUD 40,723 (16.29%).




How much can I withdraw according to the 4%-rule?

If I quit working today, my monthly pay out would be AUD 5,133 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
5,133/month
(4.0% SWR)
4,492/month
(3.5% SWR)
3,850/month
(3.0% SWR)


When can I retire?

FI date

My age

41

I am currently aiming to save/invest approximately AUD 1,500 each month.

Assuming an annual return of 13% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 2,600,000 in 3 years and 3 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another AUD 69,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 990,858


Financial independence forecast