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This is r46n4r0k's #32 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 831,547 and my FI portfolio increased to AUD 650,197


Net worth

AUD 831,547

Since the last update on my net worth has increased with AUD 1,865 (+ 0.22 %).

FI portfolio

AUD 650,197

Since the last update on my FI portfolio has increased with AUD 665 (+ 0.1 %).

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 245,000 -1,500 243,500
Investments 16,050 +100 16,150
Retirement acc 388,482 +2,065 390,547
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,684,532 +665 1,685,197

Mortgage 854,850 -1,200 853,650
Other debt 0 0 0
Total debt 854,850 -1,200 853,650
Change
Cash 241,550 +1,950 243,500
Investments 20,890 -4,740 16,150
Retirement acc 373,843 +16,704 390,547
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,671,283 +13,914 1,685,197

Mortgage 879,950 -26,300 853,650
Other debt 0 0 0
Total debt 879,950 -26,300 853,650
Change
Cash 249,600 -6,100 243,500
Investments 14,540 +1,610 16,150
Retirement acc 350,559 +39,988 390,547
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,649,699 +35,498 1,685,197

Mortgage 884,975 -31,325 853,650
Other debt 0 0 0
Total debt 884,975 -31,325 853,650

I am now 54.2% on my way to achive my FIRE target of AUD 1,200,000. This is 0.1 percentage points closer, compared to the last net worth update.

AUD 650,197 FIRE target: AUD 1,200,000


54.2%

FI portfolio

My FI portfolio now consists of AUD 16,150 (2.5%) in investments, AUD 390,547 (60.1%) in retirement accounts, and AUD 243,500 (37.5%) in cash.

Investments

Since my last update, my investments increased with AUD 100 (0.62%).

Retirement accounts

Since my last update, my retirement accounts increased with AUD 2,065 (0.53%).




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

If I quit working today, my monthly pay out would be AUD 2,167 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,167/month
(4.0% SWR)
1,896/month
(3.5% SWR)
1,625/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 5 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another AUD 180,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 369,803


Financial independence forecast