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Net worth update per


This is r46n4r0k's #29 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 825,710 and my FI portfolio increased to AUD 647,560


Net worth

AUD 825,710

Since the last update on my net worth has increased with AUD 11,175 (+ 1.37 %).

FI portfolio

AUD 647,560

Since the last update on my FI portfolio has increased with AUD 9,925 (+ 1.56 %).

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 243,600 +2,000 245,600
Investments 16,285 -155 16,130
Retirement acc 377,750 +8,080 385,830
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,672,635 +9,925 1,682,560

Mortgage 858,100 -1,250 856,850
Other debt 0 0 0
Total debt 858,100 -1,250 856,850
Change
Cash 241,550 +4,050 245,600
Investments 20,890 -4,760 16,130
Retirement acc 373,843 +11,987 385,830
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,671,283 +11,277 1,682,560

Mortgage 879,950 -23,100 856,850
Other debt 0 0 0
Total debt 879,950 -23,100 856,850
Change
Cash 249,600 -4,000 245,600
Investments 14,540 +1,590 16,130
Retirement acc 350,559 +35,271 385,830
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,649,699 +32,861 1,682,560

Mortgage 884,975 -28,125 856,850
Other debt 0 0 0
Total debt 884,975 -28,125 856,850

I am now 54.0% on my way to achive my FIRE target of AUD 1,200,000. This is 0.8 percentage points closer, compared to the last net worth update.

AUD 647,560 FIRE target: AUD 1,200,000


54.0%

FI portfolio

My FI portfolio now consists of AUD 16,130 (2.5%) in investments, AUD 385,830 (59.6%) in retirement accounts, and AUD 245,600 (37.9%) in cash.

Investments

Since my last update, my investments decreased with AUD -155 (-0.95%), 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 8,080 (2.14%), 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 2,158 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,158/month
(4.0% SWR)
1,888/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 5 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 386,440


Financial independence forecast