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Net worth update per


This is enragedCake2's #4 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 3,886,033 and my FI portfolio increased to INR 2,066,052


Net worth

INR 3,886,033

Since the last update on my net worth has increased with INR 401,525 (+ 11.52 %).

FI portfolio

INR 2,066,052

Since the last update on my FI portfolio has increased with INR 244,870 (+ 13.45 %).

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 1,119,651 +81,323 1,200,974
Investments 595,370 +124,194 719,564
Retirement acc 106,161 +39,353 145,514
Real estate 0 0 0
Other assets 1,663,326 + 156,655 1,819,981
Total assets 3,484,508 +401,525 3,886,033

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 1,133,932 +67,042 1,200,974
Investments 450,878 +268,686 719,564
Retirement acc 89,752 +55,762 145,514
Real estate 0 0 0
Other assets 1,610,039 + 209,942 1,819,981
Total assets 3,284,601 +601,432 3,886,033

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 1,190,877 +10,097 1,200,974
Investments 425,244 +294,320 719,564
Retirement acc 95,920 +49,594 145,514
Real estate 0 0 0
Other assets 1,610,039 + 209,942 1,819,981
Total assets 3,322,080 +563,953 3,886,033

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

I am now 3.4% on my way to achive my FIRE target of INR 60,000,000. This is 0.4 percentage points closer, compared to the last net worth update.

INR 2,066,052 FIRE target: INR 60,000,000


3.4%

FI portfolio

My FI portfolio now consists of INR 719,564 (34.8%) in investments, INR 145,514 (7.0%) in retirement accounts, and INR 1,200,974 (58.1%) in cash.

Investments

Since my last update, my investments increased with INR 124,194 (20.86%).

Since I started tracking, my total contributions have been INR 123,587, and my total return has been INR 18,200,229.

Retirement accounts

Since my last update, my retirement accounts increased with INR 39,353 (37.07%).

Since I started tracking, my total contributions have been INR 7,360, and my total return is INR 1,277,329.




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

If I quit working today, my monthly pay out would be INR 6,886 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
6,886/month
(4.0% SWR)
6,025/month
(3.5% SWR)
5,165/month
(3.0% SWR)


When can I retire?

FI date

My age

35

I am currently aiming to save/invest approximately INR 480,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 60,000,000 in 2 years and 5 months, in , and at that time I will be 35 years old.

By that time I will have invested/saved another INR 42,240,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 15,693,948


Financial independence forecast