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This is r46n4r0k's #36 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 842,525 and my FI portfolio decreased to AUD 612,925


Net worth

AUD 842,525

Since the last update on my net worth has increased with AUD 2,540 (+ 0.3 %).

FI portfolio

AUD 612,925

Since the last update on my FI portfolio has decreased with AUD -42,060 ( -6.42 %).

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 245,850 -46,450 199,400
Investments 16,400 +1,105 17,505
Retirement acc 392,735 +3,285 396,020
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,689,985 -42,060 1,647,925

Mortgage 850,000 -44,600 805,400
Other debt 0 0 0
Total debt 850,000 -44,600 805,400
Change
Cash 241,550 -42,150 199,400
Investments 20,890 -3,385 17,505
Retirement acc 373,843 +22,177 396,020
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,671,283 -23,358 1,647,925

Mortgage 879,950 -74,550 805,400
Other debt 0 0 0
Total debt 879,950 -74,550 805,400
Change
Cash 249,600 -50,200 199,400
Investments 14,540 +2,965 17,505
Retirement acc 350,559 +45,461 396,020
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,649,699 -1,774 1,647,925

Mortgage 884,975 -79,575 805,400
Other debt 0 0 0
Total debt 884,975 -79,575 805,400

I am now 51.1% on my way to achive my FIRE target of AUD 1,200,000. This is -3.5 percentage points closer, compared to the last net worth update.

AUD 612,925 FIRE target: AUD 1,200,000


51.1%

FI portfolio

My FI portfolio now consists of AUD 17,505 (2.9%) in investments, AUD 396,020 (64.6%) in retirement accounts, and AUD 199,400 (32.5%) in cash.

Investments

Since my last update, my investments increased with AUD 1,105 (6.74%), 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 3,285 (0.84%), 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 2,043 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,043/month
(4.0% SWR)
1,787/month
(3.5% SWR)
1,532/month
(3.0% SWR)


When can I retire?

FI date

My age

55

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 10 months, in , and at that time I will be 55 years old.

By that time I will have invested/saved another AUD 190,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 397,075


Financial independence forecast