Net worth update per



This is my #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 %).

Net worth
FI portfolio

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

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%), 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 22,308 (4.36%), 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 3,766 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 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 1,387,500, while the rest will be return on my existing FI portfolio and the new investments, in total SGD 1,482,670


Financial independence forecast