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Net worth update per


This is librarianFIRE's #11 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 946,000 and my FI portfolio increased to USD 801,000


Net worth

USD 946,000

Since the last update on my net worth has increased with USD 65,000 (+ 7.38 %).

FI portfolio

USD 801,000

Since the last update on my FI portfolio has increased with USD 65,000 (+ 8.83 %).

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 77,000 +1,000 78,000
Investments 128,000 +12,000 140,000
Retirement acc 531,000 +52,000 583,000
Real estate 240,000 0 240,000
Other assets 0 0 0
Total assets 976,000 +65,000 1,041,000

Mortgage 95,000 0 95,000
Other debt 0 0 0
Total debt 95,000 0 95,000
Change
Cash 80,000 -2,000 78,000
Investments 128,000 +12,000 140,000
Retirement acc 400,000 +183,000 583,000
Real estate 240,000 0 240,000
Other assets 0 0 0
Total assets 848,000 +193,000 1,041,000

Mortgage 100,000 -5,000 95,000
Other debt 12,000 -12,000 0
Total debt 112,000 -17,000 95,000
Change
Cash 80,000 -2,000 78,000
Investments 120,000 +20,000 140,000
Retirement acc 340,000 +243,000 583,000
Real estate 240,000 0 240,000
Other assets 0 0 0
Total assets 780,000 +261,000 1,041,000

Mortgage 100,000 -5,000 95,000
Other debt 12,000 -12,000 0
Total debt 112,000 -17,000 95,000

I am now 45.8% on my way to achive my FIRE target of USD 1,750,000. This is 3.7 percentage points closer, compared to the last net worth update.

USD 801,000 FIRE target: USD 1,750,000


45.8%

FI portfolio

My FI portfolio now consists of USD 140,000 (17.5%) in investments, USD 583,000 (72.8%) in retirement accounts, and USD 78,000 (9.7%) in cash.

Investments

Since my last update, my investments increased with USD 12,000 (9.38%).

Retirement accounts

Since my last update, my retirement accounts increased with USD 52,000 (9.79%).




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

If I quit working today, my monthly pay out would be USD 2,670 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
2,670/month
(4.0% SWR)
2,336/month
(3.5% SWR)
2,002/month
(3.0% SWR)


When can I retire?

FI date

My age

43

I am currently aiming to save/invest approximately USD 7,500 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 1,750,000 in 2 years and 6 months, in , and at that time I will be 43 years old.

By that time I will have invested/saved another USD 532,500, while the rest will be return on my existing FI portfolio and the new investments, in total USD 416,500


Financial independence forecast