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This is r46n4r0k's #35 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 839,985 and my FI portfolio increased to AUD 654,985


Net worth

AUD 839,985

Since the last update on my net worth has increased with AUD 7,879 (+ 0.95 %).

FI portfolio

AUD 654,985

Since the last update on my FI portfolio has increased with AUD 6,679 (+ 1.03 %).

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 244,000 +1,850 245,850
Investments 16,000 +400 16,400
Retirement acc 388,306 +4,429 392,735
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,683,306 +6,679 1,689,985

Mortgage 851,200 -1,200 850,000
Other debt 0 0 0
Total debt 851,200 -1,200 850,000
Change
Cash 241,550 +4,300 245,850
Investments 20,890 -4,490 16,400
Retirement acc 373,843 +18,892 392,735
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,671,283 +18,702 1,689,985

Mortgage 879,950 -29,950 850,000
Other debt 0 0 0
Total debt 879,950 -29,950 850,000
Change
Cash 249,600 -3,750 245,850
Investments 14,540 +1,860 16,400
Retirement acc 350,559 +42,176 392,735
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,649,699 +40,286 1,689,985

Mortgage 884,975 -34,975 850,000
Other debt 0 0 0
Total debt 884,975 -34,975 850,000

I am now 54.6% on my way to achive my FIRE target of AUD 1,200,000. This is 0.6 percentage points closer, compared to the last net worth update.

AUD 654,985 FIRE target: AUD 1,200,000


54.6%

FI portfolio

My FI portfolio now consists of AUD 16,400 (2.5%) in investments, AUD 392,735 (60.0%) in retirement accounts, and AUD 245,850 (37.5%) in cash.

Investments

Since my last update, my investments increased with AUD 400 (2.5%), of which AUD 1,500 was from contributions, and AUD -3,089 was from returns.

Since I started tracking, my total contributions have been AUD 2,500, and my total return has been AUD -1,124.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 4,429 (1.14%), of which AUD 300 was from contributions , and AUD 1,783 was from returns.

Since I started tracking, my total contributions have been AUD 19,404, and my total return is AUD 28,140.




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

If I quit working today, my monthly pay out would be AUD 2,183 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,183/month
(4.0% SWR)
1,910/month
(3.5% SWR)
1,637/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 4 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another AUD 178,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 367,015


Financial independence forecast