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Net worth update per


This is r46n4r0k's #49 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 884,963 and my FI portfolio increased to AUD 657,813


Net worth

AUD 884,963

Since the last update on my net worth has increased with AUD 9,856 (+ 1.13 %).

FI portfolio

AUD 657,813

Since the last update on my FI portfolio has increased with AUD 10,356 (+ 1.6 %).

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 198,150 +6,350 204,500
Investments 28,044 -1,820 26,224
Retirement acc 421,263 +5,826 427,089
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,682,457 +10,356 1,692,813

Mortgage 807,350 500 807,850
Other debt 0 0 0
Total debt 807,350 500 807,850
Change
Cash 241,550 -37,050 204,500
Investments 20,890 +5,334 26,224
Retirement acc 373,843 +53,246 427,089
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,671,283 +21,530 1,692,813

Mortgage 879,950 -72,100 807,850
Other debt 0 0 0
Total debt 879,950 -72,100 807,850
Change
Cash 249,600 -45,100 204,500
Investments 14,540 +11,684 26,224
Retirement acc 350,559 +76,530 427,089
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,649,699 +43,114 1,692,813

Mortgage 884,975 -77,125 807,850
Other debt 0 0 0
Total debt 884,975 -77,125 807,850

I am now 54.8% on my way to achive my FIRE target of AUD 1,200,000. This is 0.9 percentage points closer, compared to the last net worth update.

AUD 657,813 FIRE target: AUD 1,200,000


54.8%

FI portfolio

My FI portfolio now consists of AUD 26,224 (4.0%) in investments, AUD 427,089 (64.9%) in retirement accounts, and AUD 204,500 (31.1%) in cash.

Investments

Since my last update, my investments decreased with AUD -1,820 (-6.49%), of which AUD 1,000 was from contributions, and AUD 6,101 was from returns.

Since I started tracking, my total contributions have been AUD 17,000, and my total return has been AUD 1,785.

Retirement accounts

Since my last update, my retirement accounts increased with AUD 5,826 (1.38%), of which AUD 905 was from contributions , and AUD 621 was from returns.

Since I started tracking, my total contributions have been AUD 27,739, and my total return is AUD 50,317.




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

If I quit working today, my monthly pay out would be AUD 2,192 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,192/month
(4.0% SWR)
1,918/month
(3.5% SWR)
1,644/month
(3.0% SWR)


When can I retire?

FI date

My age

53

I am currently aiming to save/invest approximately AUD 2,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 1,200,000 in 6 years and 6 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another AUD 158,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 384,187


Financial independence forecast