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Net worth update per


This is rowtuh's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 549,500 and my FI portfolio increased to USD 541,500


Net worth

USD 549,500

Since the last update on my net worth has increased with USD 63,600 (+ 13.09 %).

FI portfolio

USD 541,500

Since the last update on my FI portfolio has increased with USD 58,500 (+ 12.11 %).

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 96,000 -43,500 52,500
Investments 0 +56,500 56,500
Retirement acc 387,000 +45,500 432,500
Real estate 0 0 0
Other assets 2,900 + 5,100 8,000
Total assets 485,900 +63,600 549,500

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 96,000 -43,500 52,500
Investments 0 +56,500 56,500
Retirement acc 387,000 +45,500 432,500
Real estate 0 0 0
Other assets 2,900 + 5,100 8,000
Total assets 485,900 +63,600 549,500

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 96,000 -43,500 52,500
Investments 0 +56,500 56,500
Retirement acc 387,000 +45,500 432,500
Real estate 0 0 0
Other assets 2,900 + 5,100 8,000
Total assets 485,900 +63,600 549,500

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

I am now 69.9% on my way to achive my FIRE target of USD 775,000. This is 7.5 percentage points closer, compared to the last net worth update.

USD 541,500 FIRE target: USD 775,000


69.9%

FI portfolio

My FI portfolio now consists of USD 56,500 (10.4%) in investments, USD 432,500 (79.9%) in retirement accounts, and USD 52,500 (9.7%) in cash.

Investments

Since my last update, my investments increased with USD 56,500 (100%).

Retirement accounts

Since my last update, my retirement accounts increased with USD 45,500 (11.76%).




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

If I quit working today, my monthly pay out would be USD 1,805 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
1,805/month
(4.0% SWR)
1,579/month
(3.5% SWR)
1,353/month
(3.0% SWR)


When can I retire?

FI date

My age

28

I am currently aiming to save/invest approximately USD 2,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 775,000 in -1 years and -10 months, in , and at that time I will be 28 years old.

By that time I will have invested/saved another USD 68,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 165,500


Financial independence forecast