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This is freebeforefriday's #10 net worth update. Please check out my profile here for more information. As of , my net worth decreased to USD 639,526 and my FI portfolio decreased to USD 491,031


Net worth

USD 639,526

Since the last update on my net worth has decreased with USD -61,535 ( -8.78 %).

FI portfolio

USD 491,031

Since the last update on my FI portfolio has decreased with USD -77,241 ( -13.59 %).

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 USD.
Change
Cash 23,064 -5,497 17,567
Investments 213,560 -37,958 175,602
Retirement acc 331,648 -33,786 297,862
Real estate 275,000 + 8,712 283,712
Other assets 77,000 -4,000 73,000
Total assets 920,272 -72,529 847,743

Mortgage 92,436 -1,157 91,279
Other debt 126,775 -9,837 116,938
Total debt 219,211 -10,994 208,217
Change
Cash 29,961 -12,394 17,567
Investments 203,631 -28,029 175,602
Retirement acc 310,882 -13,020 297,862
Real estate 275,000 + 8,712 283,712
Other assets 78,100 -5,100 73,000
Total assets 897,574 -49,831 847,743

Mortgage 95,889 -4,610 91,279
Other debt 148,164 -31,226 116,938
Total debt 244,053 -35,836 208,217
Change
Cash 4,000 +13,567 17,567
Investments 186,290 -10,688 175,602
Retirement acc 291,463 +6,399 297,862
Real estate 275,000 + 8,712 283,712
Other assets 100,600 -27,600 73,000
Total assets 857,353 -9,610 847,743

Mortgage 98,175 -6,896 91,279
Other debt 50,000 + 66,938 116,938
Total debt 148,175 + 60,042 208,217

I am now 32.7% on my way to achive my FIRE target of USD 1,500,000. This is -5.1 percentage points closer, compared to the last net worth update.

USD 491,031 FIRE target: USD 1,500,000


32.7%

FI portfolio

My FI portfolio now consists of USD 175,602 (35.8%) in investments, USD 297,862 (60.7%) in retirement accounts, and USD 17,567 (3.6%) in cash.

Investments

Since my last update, my investments decreased with USD -37,958 (-17.77%).

Retirement accounts

Since my last update, my retirement accounts decreased with USD -33,786 (-10.19%).




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

If I quit working today, my monthly pay out would be USD 1,636 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
1,636/month
(4.0% SWR)
1,432/month
(3.5% SWR)
1,227/month
(3.0% SWR)


When can I retire?

FI date

My age

41

I am currently aiming to save/invest approximately USD 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 USD 1,500,000 in 7 years and 5 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another USD 276,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 732,969


Financial independence forecast