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Net worth update per December 31st 2020


This is Finanzgedanken's #18 net worth update. Please check out my profile here for more information. As of December 31st 2020, my net worth increased to CHF 442,169 and my FI portfolio increased to CHF 762,780


Net worth

CHF 442,169

Since the last update on November 30th 2020 my net worth has increased with CHF 6,865 (+ 1.58 %).

FI portfolio

CHF 762,780

Since the last update on November 30th 2020 my FI portfolio has increased with CHF 6,977 (+ 0.92 %).

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 CHF.
30 Nov 20 Change 31 Dec 20
Cash 85,857 +1,701 87,558
Investments 574,154 +2,899 577,053
Retirement acc 95,792 +2,377 98,169
Real estate 0 0 0
Other assets 41,170 -579 40,591
Total assets 796,973 +6,398 803,371

Mortgage 361,560 -423 361,137
Other debt 109 -44 65
Total debt 361,669 -467 361,202
31 Dec 19 Change 31 Dec 20
Cash 64,616 +22,942 87,558
Investments 509,238 +67,815 577,053
Retirement acc 86,194 +11,975 98,169
Real estate 0 0 0
Other assets 60,237 -19,646 40,591
Total assets 720,285 +83,086 803,371

Mortgage 366,332 -5,195 361,137
Other debt 1,038 -973 65
Total debt 367,370 -6,168 361,202
31 Jul 19 Change 31 Dec 20
Cash 65,826 +21,732 87,558
Investments 412,500 +164,553 577,053
Retirement acc 82,055 +16,114 98,169
Real estate 0 0 0
Other assets 59,134 -18,543 40,591
Total assets 619,515 +183,856 803,371

Mortgage 284,508 76,629 361,137
Other debt 3,134 -3,069 65
Total debt 287,642 + 73,560 361,202

I am now 63.6% on my way to achive my FIRE target of CHF 1,200,000. This is 0.6 percentage points closer, compared to the last net worth update.

CHF 762,780 FIRE target: CHF 1,200,000


63.6%

FI portfolio

My FI portfolio now consists of CHF 577,053 (75.7%) in investments, CHF 98,169 (12.9%) in retirement accounts, and CHF 87,558 (11.5%) in cash.

Investments

Since my last update, my investments increased with CHF 2,899 (0.5%), of which CHF 10,000 was from contributions, and CHF -10,703 was from returns.

Since I started tracking, my total contributions have been CHF 326,898, and my total return has been CHF 147,031.

Retirement accounts

Since my last update, my retirement accounts increased with CHF 2,377 (2.48%), of which CHF 588 was from contributions , and CHF -64 was from returns.

Since I started tracking, my total contributions have been CHF 26,958, and my total return is CHF 35,611.




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

If I quit working today, my monthly pay out would be CHF 2,542 for the rest of my life.


Monthly SWR amount
Retire today with (CHF)
2,542/month
(4.0% SWR)
2,224/month
(3.5% SWR)
1,906/month
(3.0% SWR)


When can I retire?

FI date

January 2024

My age

38

I am currently aiming to save/invest approximately CHF 6,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of CHF 1,200,000 in -1 years and -3 months, in January 2024, and at that time I will be 38 years old.

By that time I will have invested/saved another CHF 222,000, while the rest will be return on my existing FI portfolio and the new investments, in total CHF 215,220


Financial independence forecast