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Net worth update per


This is librarianFIRE's #12 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 978,000 and my FI portfolio increased to USD 833,000


Net worth

USD 978,000

Since the last update on my net worth has increased with USD 32,000 (+ 3.38 %).

FI portfolio

USD 833,000

Since the last update on my FI portfolio has increased with USD 32,000 (+ 4.0 %).

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 78,000 -1,000 77,000
Investments 140,000 +4,700 144,700
Retirement acc 583,000 +28,300 611,300
Real estate 240,000 0 240,000
Other assets 0 0 0
Total assets 1,041,000 +32,000 1,073,000

Mortgage 95,000 0 95,000
Other debt 0 0 0
Total debt 95,000 0 95,000
Change
Cash 78,000 -1,000 77,000
Investments 140,000 +4,700 144,700
Retirement acc 583,000 +28,300 611,300
Real estate 240,000 0 240,000
Other assets 0 0 0
Total assets 1,041,000 +32,000 1,073,000

Mortgage 95,000 0 95,000
Other debt 0 0 0
Total debt 95,000 0 95,000
Change
Cash 80,000 -3,000 77,000
Investments 120,000 +24,700 144,700
Retirement acc 340,000 +271,300 611,300
Real estate 240,000 0 240,000
Other assets 0 0 0
Total assets 780,000 +293,000 1,073,000

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 47.6% on my way to achive my FIRE target of USD 1,750,000. This is 1.8 percentage points closer, compared to the last net worth update.

USD 833,000 FIRE target: USD 1,750,000


47.6%

FI portfolio

My FI portfolio now consists of USD 144,700 (17.4%) in investments, USD 611,300 (73.4%) in retirement accounts, and USD 77,000 (9.2%) in cash.

Investments

Since my last update, my investments increased with USD 4,700 (3.36%).

Retirement accounts

Since my last update, my retirement accounts increased with USD 28,300 (4.85%).




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

If I quit working today, my monthly pay out would be USD 2,776 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
2,776/month
(4.0% SWR)
2,429/month
(3.5% SWR)
2,082/month
(3.0% SWR)


When can I retire?

FI date

My age

42

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 4 months, in , and at that time I will be 42 years old.

By that time I will have invested/saved another USD 510,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 407,000


Financial independence forecast