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Net worth update per


This is MNC's #4 net worth update. Please check out my profile here for more information. As of , my net worth increased to SGD 1,605,820 and my FI portfolio increased to SGD 1,129,830


Net worth

SGD 1,605,820

Since the last update on my net worth has increased with SGD 50,828 (+ 3.27 %).

FI portfolio

SGD 1,129,830

Since the last update on my FI portfolio has increased with SGD 49,794 (+ 4.61 %).

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 SGD.
Change
Cash 98,999 +10,607 109,606
Investments 469,893 +16,879 486,772
Retirement acc 511,144 +22,308 533,452
Real estate 1,100,000 0 1,100,000
Other assets 0 0 0
Total assets 2,180,036 +49,794 2,229,830

Mortgage 625,044 -1,034 624,010
Other debt 0 0 0
Total debt 625,044 -1,034 624,010
Change
Cash 154,552 -44,946 109,606
Investments 397,770 +89,002 486,772
Retirement acc 495,673 +37,779 533,452
Real estate 1,110,000 -10,000 1,100,000
Other assets 0 0 0
Total assets 2,157,995 +71,835 2,229,830

Mortgage 647,300 -23,290 624,010
Other debt 0 0 0
Total debt 647,300 -23,290 624,010
Change
Cash 154,552 -44,946 109,606
Investments 397,770 +89,002 486,772
Retirement acc 495,673 +37,779 533,452
Real estate 1,110,000 -10,000 1,100,000
Other assets 0 0 0
Total assets 2,157,995 +71,835 2,229,830

Mortgage 647,300 -23,290 624,010
Other debt 0 0 0
Total debt 647,300 -23,290 624,010

I am now 28.2% on my way to achive my FIRE target of SGD 4,000,000. This is 1.2 percentage points closer, compared to the last net worth update.

SGD 1,129,830 FIRE target: SGD 4,000,000


28.2%

FI portfolio

My FI portfolio now consists of SGD 486,772 (43.1%) in investments, SGD 533,452 (47.2%) in retirement accounts, and SGD 109,606 (9.7%) in cash.

Investments

Since my last update, my investments increased with SGD 16,879 (3.59%).

Since I started tracking, my total contributions have been SGD 54,000, and my total return has been SGD 72,109.

Retirement accounts

Since my last update, my retirement accounts increased with SGD 22,308 (4.36%).

Since I started tracking, my total contributions have been SGD 8,800, and my total return is SGD 38,389.




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

If I quit working today, my monthly pay out would be SGD 3,766 for the rest of my life.


Monthly SWR amount
Retire today with (SGD)
3,766/month
(4.0% SWR)
3,295/month
(3.5% SWR)
2,824/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 5 years and 7 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another SGD 1,387,500, while the rest will be return on my existing FI portfolio and the new investments, in total SGD 1,482,670


Financial independence forecast