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Net worth update per


This is enragedCake2's #5 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 4,054,842 and my FI portfolio increased to INR 2,225,499


Net worth

INR 4,054,842

Since the last update on my net worth has increased with INR 168,809 (+ 4.34 %).

FI portfolio

INR 2,225,499

Since the last update on my FI portfolio has increased with INR 159,447 (+ 7.72 %).

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 1,200,974 -202,830 998,144
Investments 719,564 +350,545 1,070,109
Retirement acc 145,514 +11,732 157,246
Real estate 0 0 0
Other assets 1,819,981 + 9,362 1,829,343
Total assets 3,886,033 +168,809 4,054,842

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 1,133,932 -135,788 998,144
Investments 450,878 +619,231 1,070,109
Retirement acc 89,752 +67,494 157,246
Real estate 0 0 0
Other assets 1,610,039 + 219,304 1,829,343
Total assets 3,284,601 +770,241 4,054,842

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 1,190,877 -192,733 998,144
Investments 425,244 +644,865 1,070,109
Retirement acc 95,920 +61,326 157,246
Real estate 0 0 0
Other assets 1,610,039 + 219,304 1,829,343
Total assets 3,322,080 +732,762 4,054,842

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

I am now 3.7% on my way to achive my FIRE target of INR 60,000,000. This is 0.3 percentage points closer, compared to the last net worth update.

INR 2,225,499 FIRE target: INR 60,000,000


3.7%

FI portfolio

My FI portfolio now consists of INR 1,070,109 (48.1%) in investments, INR 157,246 (7.1%) in retirement accounts, and INR 998,144 (44.9%) in cash.

Investments

Since my last update, my investments increased with INR 350,545 (48.72%).

Since I started tracking, my total contributions have been INR 123,587, and my total return has been INR 11,957,864.

Retirement accounts

Since my last update, my retirement accounts increased with INR 11,732 (8.06%).

Since I started tracking, my total contributions have been INR 7,360, and my total return is INR 853,692.




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

If I quit working today, my monthly pay out would be INR 7,418 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
7,418/month
(4.0% SWR)
6,491/month
(3.5% SWR)
5,563/month
(3.0% SWR)


When can I retire?

FI date

My age

41

I am currently aiming to save/invest approximately INR 180,000 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 10 years and 2 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another INR 30,060,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 27,714,501


Financial independence forecast