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Net worth update per



This is MNC's #5 net worth update. Please check out my profile here for more information. As of , my net worth increased to SGD 1,656,921 and my FI portfolio increased to SGD 1,165,129


Net worth

SGD 1,656,921

Since the last update on my net worth has increased with SGD 51,101 (+ 3.18 %).

FI portfolio

SGD 1,165,129

Since the last update on my FI portfolio has increased with SGD 35,299 (+ 3.12 %).

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 SGD.

I am now 29.1% on my way to achive my FIRE target of SGD 4,000,000. This is 0.9 percentage points closer, compared to the last net worth update.

SGD 1,165,129 FIRE target: SGD 4,000,000


29.1%


FI portfolio


My FI portfolio now consists of SGD 523,879 (45.0%) in investments, SGD 542,862 (46.6%) in retirement accounts, and SGD 98,388 (8.4%) in cash.

Investments

Since my last update, my investments increased with SGD 37,107 (7.62%).

Since I started tracking, my total contributions have been SGD 54,000, and my total return has been SGD 72,109.

Retirement accounts

Since my last update, my retirement accounts increased with SGD 9,410 (1.76%).

Since I started tracking, my total contributions have been SGD 8,800, and my total return is SGD 38,389.




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


If I quit working today, my monthly pay out would be SGD 3,883 for the rest of my life.


Monthly SWR amount
Retire today with (SGD)
3,883/month
(4.0% SWR)
3,398/month
(3.5% SWR)
2,912/month
(3.0% SWR)


When can I retire?


FI date


My age

48

I am currently aiming to save/invest approximately SGD 12,500 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of SGD 4,000,000 in 5 years and 0 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another SGD 1,350,000, while the rest will be return on my existing FI portfolio and the new investments, in total SGD 1,484,871


Financial independence forecast