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Net worth update per



This is r46n4r0k's #6 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 792,844 and my FI portfolio increased to AUD 636,544


Net worth

AUD 792,844

Since the last update on my net worth has increased with AUD 7,537 (+ 0.96 %).

FI portfolio

AUD 636,544

Since the last update on my FI portfolio has increased with AUD 6,287 (+ 1.0 %).

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.

I am now 53.0% on my way to achive my FIRE target of AUD 1,200,000. This is 0.5 percentage points closer, compared to the last net worth update.

AUD 636,544 FIRE target: AUD 1,200,000


53.0%


FI portfolio


My FI portfolio now consists of AUD 21,560 (3.4%) in investments, AUD 370,909 (58.3%) in retirement accounts, and AUD 244,075 (38.3%) in cash.

Investments

Since my last update, my investments increased with AUD 1,060 (5.17%).

Retirement accounts

Since my last update, my retirement accounts increased with AUD 6,427 (1.76%), of which AUD 580 was from contributions , and AUD 10,446 was from returns.




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


If I quit working today, my monthly pay out would be AUD 2,121 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,121/month
(4.0% SWR)
1,856/month
(3.5% SWR)
1,591/month
(3.0% SWR)


When can I retire?


FI date


My age

54

I am currently aiming to save/invest approximately AUD 2,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,200,000 in 7 years and 4 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another AUD 186,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 377,456


Financial independence forecast