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Net worth update per


This is swordy's #5 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 1,587,955 and my FI portfolio decreased to AUD 1,016,000


Net worth

AUD 1,587,955

Since the last update on my net worth has decreased with AUD -218,158 ( -12.08 %).

FI portfolio

AUD 1,016,000

Since the last update on my FI portfolio has decreased with AUD -218,229 ( -17.68 %).

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 14,000 -11,000 3,000
Investments 915,229 -197,229 718,000
Retirement acc 305,000 -10,000 295,000
Real estate 700,000 0 700,000
Other assets 40,000 0 40,000
Total assets 1,974,229 -218,229 1,756,000

Mortgage 168,116 -71 168,045
Other debt 0 0 0
Total debt 168,116 -71 168,045
Change
Cash 18,000 -15,000 3,000
Investments 1,231,419 -513,419 718,000
Retirement acc 290,723 +4,277 295,000
Real estate 700,000 0 700,000
Other assets 45,000 -5,000 40,000
Total assets 2,285,142 -529,142 1,756,000

Mortgage 169,940 -1,895 168,045
Other debt 0 0 0
Total debt 169,940 -1,895 168,045
Change
Cash 50,000 -47,000 3,000
Investments 556,541 +161,459 718,000
Retirement acc 250,000 +45,000 295,000
Real estate 620,000 + 80,000 700,000
Other assets 50,000 -10,000 40,000
Total assets 1,526,541 +229,459 1,756,000

Mortgage 180,000 -11,955 168,045
Other debt 1,500 -1,500 0
Total debt 181,500 -13,455 168,045

I am now 39.1% on my way to achive my FIRE target of AUD 2,600,000. This is -8.4 percentage points closer, compared to the last net worth update.

AUD 1,016,000 FIRE target: AUD 2,600,000


39.1%

FI portfolio

My FI portfolio now consists of AUD 718,000 (70.7%) in investments, AUD 295,000 (29.0%) in retirement accounts, and AUD 3,000 (0.3%) in cash.

Investments

Since my last update, my investments decreased with AUD -197,229 (-21.55%).

Retirement accounts

Since my last update, my retirement accounts decreased with AUD -10,000 (-3.28%).




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

If I quit working today, my monthly pay out would be AUD 3,386 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
3,386/month
(4.0% SWR)
2,963/month
(3.5% SWR)
2,540/month
(3.0% SWR)


When can I retire?

FI date

My age

44

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 6 years and 6 months, in , and at that time I will be 44 years old.

By that time I will have invested/saved another AUD 121,500, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 1,462,500


Financial independence forecast