Net worth update per



This is my #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to SGD 1,512,081 and my FI portfolio increased to SGD 1,060,281


Net worth

SGD 1,512,081

Since the last update on my net worth has increased with SGD 1,386 (+ 0.09 %).

FI portfolio

SGD 1,060,281

Since the last update on my FI portfolio has increased with SGD 12,286 (+ 1.17 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in SGD.

I am now 26.5% on my way to achive my FIRE target of SGD 4,000,000. This is 0.3 percentage points closer, compared to the last net worth update.

SGD 1,060,281 FIRE target: SGD 4,000,000


26.5%


FI portfolio


My FI portfolio now consists of SGD 457,424 (43.1%) in investments, SGD 502,476 (47.4%) in retirement accounts, and SGD 100,381 (9.5%) in cash.

Investments

Since my last update, my investments increased with SGD 59,654 (15.0%), of which SGD 16,000 was from contributions, and SGD 879 was from returns.

Since I started tracking, my total contributions have been SGD 54,000, and my total return has been SGD 35,002.

Retirement accounts

Since my last update, my retirement accounts increased with SGD 6,803 (1.37%), of which SGD 4,400 was from contributions , and SGD 17,908 was from returns.

Since I started tracking, my total contributions have been SGD 8,800, and my total return is SGD 28,979.




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


If I quit working today, my monthly pay out would be SGD 3,534 for the rest of my life.


Monthly SWR amount
Retire today with (SGD)
3,534/month
(4.0% SWR)
3,092/month
(3.5% SWR)
2,650/month
(3.0% SWR)


When can I retire?


FI date


My age

48

I am currently aiming to save/invest approximately SGD 12,500 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of SGD 4,000,000 in 9 years and 2 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another SGD 1,425,000, while the rest will be return on my existing FI portfolio and the new investments, in total SGD 1,514,719


Financial independence forecast