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Net worth update per


This is r46n4r0k's #50 net worth update. Please check out my profile here for more information. As of , my net worth increased to AUD 892,290 and my FI portfolio increased to AUD 665,090


Net worth

AUD 892,290

Since the last update on my net worth has increased with AUD 7,327 (+ 0.83 %).

FI portfolio

AUD 665,090

Since the last update on my FI portfolio has increased with AUD 7,277 (+ 1.11 %).

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 204,500 -1,350 203,150
Investments 26,224 +7,101 33,325
Retirement acc 427,089 +1,526 428,615
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,692,813 +7,277 1,700,090

Mortgage 807,850 -50 807,800
Other debt 0 0 0
Total debt 807,850 -50 807,800
Change
Cash 241,550 -38,400 203,150
Investments 20,890 +12,435 33,325
Retirement acc 373,843 +54,772 428,615
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,671,283 +28,807 1,700,090

Mortgage 879,950 -72,150 807,800
Other debt 0 0 0
Total debt 879,950 -72,150 807,800
Change
Cash 249,600 -46,450 203,150
Investments 14,540 +18,785 33,325
Retirement acc 350,559 +78,056 428,615
Real estate 1,035,000 0 1,035,000
Other assets 0 0 0
Total assets 1,649,699 +50,391 1,700,090

Mortgage 884,975 -77,175 807,800
Other debt 0 0 0
Total debt 884,975 -77,175 807,800

I am now 55.4% 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 665,090 FIRE target: AUD 1,200,000


55.4%

FI portfolio

My FI portfolio now consists of AUD 33,325 (5.0%) in investments, AUD 428,615 (64.4%) in retirement accounts, and AUD 203,150 (30.5%) in cash.

Investments

Since my last update, my investments increased with AUD 7,101 (27.08%), 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 1,526 (0.36%), 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 2,216 for the rest of my life.


Monthly SWR amount
Retire today with (AUD)
2,216/month
(4.0% SWR)
1,939/month
(3.5% SWR)
1,662/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 4 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another AUD 154,000, while the rest will be return on my existing FI portfolio and the new investments, in total AUD 380,910


Financial independence forecast