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Net worth update per


This is damnedbee's #3 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 602,996 and my FI portfolio increased to USD 466,000


Net worth

USD 602,996

Since the last update on my net worth has increased with USD 95,993 (+ 18.93 %).

FI portfolio

USD 466,000

Since the last update on my FI portfolio has increased with USD 62,000 (+ 15.35 %).

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 9,000 +11,000 20,000
Investments 11,000 +8,000 19,000
Retirement acc 384,000 +43,000 427,000
Real estate 250,000 + 25,000 275,000
Other assets 8,000 -4 7,996
Total assets 662,000 +86,996 748,996

Mortgage 154,997 -8,997 146,000
Other debt 0 0 0
Total debt 154,997 -8,997 146,000
Change
Cash 9,000 +11,000 20,000
Investments 11,000 +8,000 19,000
Retirement acc 384,000 +43,000 427,000
Real estate 250,000 + 25,000 275,000
Other assets 8,000 -4 7,996
Total assets 662,000 +86,996 748,996

Mortgage 154,997 -8,997 146,000
Other debt 0 0 0
Total debt 154,997 -8,997 146,000
Change
Cash 8,000 +12,000 20,000
Investments 8,000 +11,000 19,000
Retirement acc 368,000 +59,000 427,000
Real estate 250,000 + 25,000 275,000
Other assets 7,997 -1 7,996
Total assets 641,997 +106,999 748,996

Mortgage 156,444 -10,444 146,000
Other debt 0 0 0
Total debt 156,444 -10,444 146,000

I am now 37.3% on my way to achive my FIRE target of USD 1,250,000. This is 5.0 percentage points closer, compared to the last net worth update.

USD 466,000 FIRE target: USD 1,250,000


37.3%

FI portfolio

My FI portfolio now consists of USD 19,000 (4.1%) in investments, USD 427,000 (91.6%) in retirement accounts, and USD 20,000 (4.3%) in cash.

Investments

Since my last update, my investments increased with USD 8,000 (72.73%).

Retirement accounts

Since my last update, my retirement accounts increased with USD 43,000 (11.2%).




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

If I quit working today, my monthly pay out would be USD 1,553 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
1,553/month
(4.0% SWR)
1,359/month
(3.5% SWR)
1,165/month
(3.0% SWR)


When can I retire?

FI date

My age

51

I am currently aiming to save/invest approximately USD 4,500 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 1,250,000 in 2 years and 7 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another USD 382,500, while the rest will be return on my existing FI portfolio and the new investments, in total USD 401,500


Financial independence forecast