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Net worth update per February 28th 2021


This is Finanzgedanken's #20 net worth update. Please check out my profile here for more information. As of February 28th 2021, my net worth increased to CHF 460,265 and my FI portfolio increased to CHF 780,047


Net worth

CHF 460,265

Since the last update on January 31st 2021 my net worth has increased with CHF 11,461 (+ 2.55 %).

FI portfolio

CHF 780,047

Since the last update on January 31st 2021 my FI portfolio has increased with CHF 13,234 (+ 1.73 %).

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.
31 Jan 21 Change 28 Feb 21
Cash 82,172 +3,383 85,555
Investments 578,572 +6,183 584,755
Retirement acc 106,069 +3,668 109,737
Real estate 0 0 0
Other assets 42,374 + 212 42,586
Total assets 809,187 +13,446 822,633

Mortgage 360,348 2,020 362,368
Other debt 35 -35 0
Total debt 360,383 1,985 362,368
31 Dec 20 Change 28 Feb 21
Cash 87,558 -2,003 85,555
Investments 577,053 +7,702 584,755
Retirement acc 98,169 +11,568 109,737
Real estate 0 0 0
Other assets 40,591 + 1,995 42,586
Total assets 803,371 +19,262 822,633

Mortgage 361,137 1,231 362,368
Other debt 65 -65 0
Total debt 361,202 1,166 362,368
31 Jul 19 Change 28 Feb 21
Cash 65,826 +19,729 85,555
Investments 412,500 +172,255 584,755
Retirement acc 82,055 +27,682 109,737
Real estate 0 0 0
Other assets 59,134 -16,548 42,586
Total assets 619,515 +203,118 822,633

Mortgage 284,508 77,860 362,368
Other debt 3,134 -3,134 0
Total debt 287,642 + 74,726 362,368

I am now 65.0% on my way to achive my FIRE target of CHF 1,200,000. This is 1.1 percentage points closer, compared to the last net worth update.

CHF 780,047 FIRE target: CHF 1,200,000


65.0%

FI portfolio

My FI portfolio now consists of CHF 584,755 (75.0%) in investments, CHF 109,737 (14.1%) in retirement accounts, and CHF 85,555 (11.0%) in cash.

Investments

Since my last update, my investments increased with CHF 6,183 (1.07%), 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 3,668 (3.46%), 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 2,600 for the rest of my life.


Monthly SWR amount
Retire today with (CHF)
2,600/month
(4.0% SWR)
2,275/month
(3.5% SWR)
1,950/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 -4 months, in January 2024, and at that time I will be 38 years old.

By that time I will have invested/saved another CHF 210,000, while the rest will be return on my existing FI portfolio and the new investments, in total CHF 209,953


Financial independence forecast