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Net worth update per



This is goofyHawk7's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 444,401 and my FI portfolio increased to AUD 189,515


Net worth

AUD 444,401

Since the last update on my net worth has increased with AUD 71,931 (+ 19.31 %).

FI portfolio

AUD 189,515

Since the last update on my FI portfolio has increased with AUD 12,802 (+ 7.24 %).


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 12.6% on my way to achive my FIRE target of AUD 1,499,999. This is 0.9 percentage points closer, compared to the last net worth update.

AUD 189,515 FIRE target: AUD 1,499,999


12.6%


FI portfolio


My FI portfolio now consists of AUD 117,868 (62.2%) in retirement accounts, and AUD 71,647 (37.8%) in cash.

Investments

Since my last update, my investments decreased with AUD -35,785 (-100.0%).

Retirement accounts

Since my last update, my retirement accounts increased with AUD 3,439 (3.01%).




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


If I quit working today, my monthly pay out would be AUD 631 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
631/month
(4.0% SWR)
552/month
(3.5% SWR)
473/month
(3.0% SWR)


When can I retire?


FI date


My age

53

I am currently aiming to save/invest approximately AUD 4,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,499,999 in 11 years and 6 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another AUD 556,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 754,484


Financial independence forecast