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This is r46n4r0k's #37 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 848,519 and my FI portfolio increased to AUD 619,319


Net worth

AUD 848,519

Since the last update on my net worth has increased with AUD 5,994 (+ 0.71 %).

FI portfolio

AUD 619,319

Since the last update on my FI portfolio has increased with AUD 6,394 (+ 1.04 %).

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 199,400 +5,900 205,300
Investments 17,505 -1,589 15,916
Retirement acc 396,020 +2,083 398,103
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,647,925 +6,394 1,654,319

Mortgage 805,400 400 805,800
Other debt 0 0 0
Total debt 805,400 400 805,800
Change
Cash 241,550 -36,250 205,300
Investments 20,890 -4,974 15,916
Retirement acc 373,843 +24,260 398,103
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,671,283 -16,964 1,654,319

Mortgage 879,950 -74,150 805,800
Other debt 0 0 0
Total debt 879,950 -74,150 805,800
Change
Cash 249,600 -44,300 205,300
Investments 14,540 +1,376 15,916
Retirement acc 350,559 +47,544 398,103
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,649,699 +4,620 1,654,319

Mortgage 884,975 -79,175 805,800
Other debt 0 0 0
Total debt 884,975 -79,175 805,800

I am now 51.6% on my way to achive my FIRE target of AUD 1,200,000. This is 0.5 percentage points closer, compared to the last net worth update.

AUD 619,319 FIRE target: AUD 1,200,000


51.6%

FI portfolio

My FI portfolio now consists of AUD 15,916 (2.6%) in investments, AUD 398,103 (64.3%) in retirement accounts, and AUD 205,300 (33.1%) in cash.

Investments

Since my last update, my investments decreased with AUD -1,589 (-9.08%), 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 2,083 (0.53%), 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 2,064 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,064/month
(4.0% SWR)
1,806/month
(3.5% SWR)
1,548/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 9 months, in , and at that time I will be 55 years old.

By that time I will have invested/saved another AUD 188,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 392,681


Financial independence forecast