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This is r46n4r0k's #40 net worth update. Please check out my profile here for more information. As of , my net worth decreased to AUD 854,991 and my FI portfolio decreased to AUD 626,391


Net worth

AUD 854,991

Since the last update on my net worth has decreased with AUD -1,384 ( -0.16 %).

FI portfolio

AUD 626,391

Since the last update on my FI portfolio has decreased with AUD -584 ( -0.09 %).

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 205,050 -3,850 201,200
Investments 17,993 +1,276 19,269
Retirement acc 403,932 +1,990 405,922
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,661,975 -584 1,661,391

Mortgage 805,600 800 806,400
Other debt 0 0 0
Total debt 805,600 800 806,400
Change
Cash 241,550 -40,350 201,200
Investments 20,890 -1,621 19,269
Retirement acc 373,843 +32,079 405,922
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,671,283 -9,892 1,661,391

Mortgage 879,950 -73,550 806,400
Other debt 0 0 0
Total debt 879,950 -73,550 806,400
Change
Cash 249,600 -48,400 201,200
Investments 14,540 +4,729 19,269
Retirement acc 350,559 +55,363 405,922
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,649,699 +11,692 1,661,391

Mortgage 884,975 -78,575 806,400
Other debt 0 0 0
Total debt 884,975 -78,575 806,400

I am now 52.2% on my way to achive my FIRE target of AUD 1,200,000. This is -0.0 percentage points closer, compared to the last net worth update.

AUD 626,391 FIRE target: AUD 1,200,000


52.2%

FI portfolio

My FI portfolio now consists of AUD 19,269 (3.1%) in investments, AUD 405,922 (64.8%) in retirement accounts, and AUD 201,200 (32.1%) in cash.

Investments

Since my last update, my investments increased with AUD 1,276 (7.09%), of which AUD 1,000 was from contributions, and AUD 396 was from returns.

Since I started tracking, my total contributions have been AUD 8,000, and my total return has been AUD -610.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 1,990 (0.49%), of which AUD 905 was from contributions , and AUD 6,999 was from returns.

Since I started tracking, my total contributions have been AUD 22,819, and my total return is AUD 42,193.




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

If I quit working today, my monthly pay out would be AUD 2,087 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,087/month
(4.0% SWR)
1,826/month
(3.5% SWR)
1,565/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 7 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another AUD 184,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 389,609


Financial independence forecast