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Net worth update per



This is goofyHawk7's #6 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 568,308 and my FI portfolio increased to AUD 246,053


Net worth

AUD 568,308

Since the last update on my net worth has increased with AUD 79,818 (+ 16.34 %).

FI portfolio

AUD 246,053

Since the last update on my FI portfolio has increased with AUD 37,239 (+ 17.83 %).

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.

I am now 12.3% on my way to achive my FIRE target of AUD 2,000,001. This is 1.9 percentage points closer, compared to the last net worth update.

AUD 246,053 FIRE target: AUD 2,000,001


12.3%


FI portfolio


My FI portfolio now consists of AUD 141,619 (57.6%) in retirement accounts, and AUD 104,434 (42.4%) in cash.

Investments

Since my last update, my investments decreased with AUD 0 (0%).

Retirement accounts

Since my last update, my retirement accounts increased with AUD 5,103 (3.74%).




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


If I quit working today, my monthly pay out would be AUD 820 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
820/month
(4.0% SWR)
717/month
(3.5% SWR)
615/month
(3.0% SWR)


When can I retire?


FI date


My age

52

I am currently aiming to save/invest approximately AUD 7,300 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of AUD 2,000,001 in 9 years and 11 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another AUD 876,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 877,948


Financial independence forecast