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Net worth update per


This is r46n4r0k's #42 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 867,151 and my FI portfolio increased to AUD 638,351


Net worth

AUD 867,151

Since the last update on my net worth has increased with AUD 7,200 (+ 0.84 %).

FI portfolio

AUD 638,351

Since the last update on my FI portfolio has increased with AUD 7,100 (+ 1.12 %).

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 203,050 -2,200 200,850
Investments 20,534 +1,396 21,930
Retirement acc 407,667 +7,904 415,571
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,666,251 +7,100 1,673,351

Mortgage 806,300 -100 806,200
Other debt 0 0 0
Total debt 806,300 -100 806,200
Change
Cash 241,550 -40,700 200,850
Investments 20,890 +1,040 21,930
Retirement acc 373,843 +41,728 415,571
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,671,283 +2,068 1,673,351

Mortgage 879,950 -73,750 806,200
Other debt 0 0 0
Total debt 879,950 -73,750 806,200
Change
Cash 249,600 -48,750 200,850
Investments 14,540 +7,390 21,930
Retirement acc 350,559 +65,012 415,571
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,649,699 +23,652 1,673,351

Mortgage 884,975 -78,775 806,200
Other debt 0 0 0
Total debt 884,975 -78,775 806,200

I am now 53.2% 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 638,351 FIRE target: AUD 1,200,000


53.2%

FI portfolio

My FI portfolio now consists of AUD 21,930 (3.4%) in investments, AUD 415,571 (65.1%) in retirement accounts, and AUD 200,850 (31.5%) in cash.

Investments

Since my last update, my investments increased with AUD 1,396 (6.8%), 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 7,904 (1.94%), 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 2,127 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,127/month
(4.0% SWR)
1,861/month
(3.5% SWR)
1,595/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 383,649


Financial independence forecast