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This is FIREUrBOSS's #15 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 5,836,334 and my FI portfolio increased to INR 6,169,646


Net worth

INR 5,836,334

Since the last update on my net worth has increased with INR 130,088 (+ 2.28 %).

FI portfolio

INR 6,169,646

Since the last update on my FI portfolio has increased with INR 127,086 (+ 2.1 %).

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 239,330 -61,953 177,377
Investments 3,432,464 +97,100 3,529,564
Retirement acc 2,370,766 +91,939 2,462,705
Real estate 0 0 0
Other assets 63,686 + 3,002 66,688
Total assets 6,106,246 +130,088 6,236,334

Mortgage 0 0 0
Other debt 400,000 0 400,000
Total debt 400,000 0 400,000
Change
Cash 100,408 +76,969 177,377
Investments 2,973,912 +555,652 3,529,564
Retirement acc 1,975,932 +486,773 2,462,705
Real estate 0 0 0
Other assets 35,791 + 30,897 66,688
Total assets 5,086,043 +1,150,291 6,236,334

Mortgage 0 0 0
Other debt 413,997 -13,997 400,000
Total debt 413,997 -13,997 400,000
Change
Cash 22,261 +155,116 177,377
Investments 2,564,666 +964,898 3,529,564
Retirement acc 1,791,656 +671,049 2,462,705
Real estate 0 0 0
Other assets 34,000 + 32,688 66,688
Total assets 4,412,583 +1,823,751 6,236,334

Mortgage 0 0 0
Other debt 400,000 0 400,000
Total debt 400,000 0 400,000

I am now 8.8% on my way to achive my FIRE target of INR 70,000,000. This is 0.2 percentage points closer, compared to the last net worth update.

INR 6,169,646 FIRE target: INR 70,000,000


8.8%

FI portfolio

My FI portfolio now consists of INR 3,529,564 (57.2%) in investments, INR 2,462,705 (39.9%) in retirement accounts, and INR 177,377 (2.9%) in cash.

Investments

Since my last update, my investments increased with INR 97,100 (2.83%), of which INR 163,000 was from contributions, and INR 262,624 was from returns.

Since I started tracking, my total contributions have been INR 2,470,464, and my total return has been INR 5,744,610.

Retirement accounts

Since my last update, my retirement accounts increased with INR 91,939 (3.88%).

Since I started tracking, my total contributions have been INR 29,436, and my total return is INR 2,806,940.




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

If I quit working today, my monthly pay out would be INR 20,565 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
20,565/month
(4.0% SWR)
17,994/month
(3.5% SWR)
15,424/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately INR 163,500 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 70,000,000 in 11 years and 9 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another INR 29,593,500, while the rest will be return on my existing FI portfolio and the new investments, in total INR 34,236,854


Financial independence forecast