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Net worth update per


This is r46n4r0k's #14 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 808,010 and my FI portfolio increased to AUD 647,310


Net worth

AUD 808,010

Since the last update on my net worth has increased with AUD 4,816 (+ 0.6 %).

FI portfolio

AUD 647,310

Since the last update on my FI portfolio has increased with AUD 4,066 (+ 0.63 %).

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 241,500 -1,750 239,750
Investments 22,760 -140 22,620
Retirement acc 378,984 +5,956 384,940
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,678,244 +4,066 1,682,310

Mortgage 875,050 -750 874,300
Other debt 0 0 0
Total debt 875,050 -750 874,300
Change
Cash 241,550 -1,800 239,750
Investments 20,890 +1,730 22,620
Retirement acc 373,843 +11,097 384,940
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,671,283 +11,027 1,682,310

Mortgage 879,950 -5,650 874,300
Other debt 0 0 0
Total debt 879,950 -5,650 874,300
Change
Cash 249,600 -9,850 239,750
Investments 14,540 +8,080 22,620
Retirement acc 350,559 +34,381 384,940
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,649,699 +32,611 1,682,310

Mortgage 884,975 -10,675 874,300
Other debt 0 0 0
Total debt 884,975 -10,675 874,300

I am now 53.9% on my way to achive my FIRE target of AUD 1,200,000. This is 0.3 percentage points closer, compared to the last net worth update.

AUD 647,310 FIRE target: AUD 1,200,000


53.9%

FI portfolio

My FI portfolio now consists of AUD 22,620 (3.5%) in investments, AUD 384,940 (59.5%) in retirement accounts, and AUD 239,750 (37.0%) in cash.

Investments

Since my last update, my investments decreased with AUD -140 (-0.62%), of which AUD 1,500 was from contributions, and AUD -755 was from returns.

Since I started tracking, my total contributions have been AUD 18,500, and my total return has been AUD 1,030.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 5,956 (1.57%), of which AUD 300 was from contributions , and AUD 2,600 was from returns.

Since I started tracking, my total contributions have been AUD 28,039, and my total return is AUD 52,917.




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

If I quit working today, my monthly pay out would be AUD 2,157 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,157/month
(4.0% SWR)
1,887/month
(3.5% SWR)
1,618/month
(3.0% SWR)


When can I retire?

FI date

My age

53

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

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,200,000 in 6 years and 2 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another AUD 166,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 386,690


Financial independence forecast