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Net worth update per


This is thrilledIcecream9's #8 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 12,059,119 and my FI portfolio increased to INR 11,057,979


Net worth

INR 12,059,119

Since the last update on my net worth has increased with INR 500,106 (+ 4.33 %).

FI portfolio

INR 11,057,979

Since the last update on my FI portfolio has increased with INR 550,341 (+ 5.24 %).

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 INR.
Change
Cash 885,233 -37,093 848,140
Investments 8,333,085 +587,434 8,920,519
Retirement acc 1,289,320 0 1,289,320
Real estate 0 0 0
Other assets 1,051,375 -50,235 1,001,140
Total assets 11,559,013 +500,106 12,059,119

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 1,135,000 -286,860 848,140
Investments 7,241,000 +1,679,519 8,920,519
Retirement acc 1,300,000 -10,680 1,289,320
Real estate 0 0 0
Other assets 713,000 + 288,140 1,001,140
Total assets 10,389,000 +1,670,119 12,059,119

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 400,000 +448,140 848,140
Investments 7,500,000 +1,420,519 8,920,519
Retirement acc 1,272,000 +17,320 1,289,320
Real estate 0 0 0
Other assets 772,421 + 228,719 1,001,140
Total assets 9,944,421 +2,114,698 12,059,119

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 18.4% on my way to achive my FIRE target of INR 60,000,000. This is 0.9 percentage points closer, compared to the last net worth update.

INR 11,057,979 FIRE target: INR 60,000,000


18.4%

FI portfolio

My FI portfolio now consists of INR 8,920,519 (80.7%) in investments, INR 1,289,320 (11.7%) in retirement accounts, and INR 848,140 (7.7%) in cash.

Investments

Since my last update, my investments increased with INR 587,434 (7.05%), of which INR 529,217 was from contributions, and INR -782,968 was from returns.

Since I started tracking, my total contributions have been INR 34,683,589, and my total return has been INR 14,292,671.

Retirement accounts

Since my last update, my retirement accounts decreased with INR 0 (0.0%).

Since I started tracking, my total contributions have been INR 1,814,390, and my total return is INR -1,313,260.




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

If I quit working today, my monthly pay out would be INR 36,859 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
36,859/month
(4.0% SWR)
32,252/month
(3.5% SWR)
27,644/month
(3.0% SWR)


When can I retire?

FI date

My age

32

I am currently aiming to save/invest approximately INR 800,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 60,000,000 in -1 years and -7 months, in , and at that time I will be 32 years old.

By that time I will have invested/saved another INR 36,800,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 12,142,021


Financial independence forecast