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Net worth update per


This is hadabeardonce's #5 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 421,100 and my FI portfolio increased to USD 180,120


Net worth

USD 421,100

Since the last update on my net worth has increased with USD 63,506 (+ 17.76 %).

FI portfolio

USD 180,120

Since the last update on my FI portfolio has increased with USD 39,507 (+ 28.1 %).

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 USD.
Change
Cash 30,000 0 30,000
Investments 0 0 0
Retirement acc 110,613 +39,507 150,120
Real estate 375,320 + 21,854 397,174
Other assets 10,000 0 10,000
Total assets 525,933 +61,361 587,294

Mortgage 168,339 -2,145 166,194
Other debt 0 0 0
Total debt 168,339 -2,145 166,194
Change
Cash 30,000 0 30,000
Investments 0 0 0
Retirement acc 110,613 +39,507 150,120
Real estate 375,320 + 21,854 397,174
Other assets 10,000 0 10,000
Total assets 525,933 +61,361 587,294

Mortgage 168,339 -2,145 166,194
Other debt 0 0 0
Total debt 168,339 -2,145 166,194
Change
Cash 30,000 0 30,000
Investments 0 0 0
Retirement acc 71,251 +78,869 150,120
Real estate 293,186 + 103,988 397,174
Other assets 10,000 0 10,000
Total assets 404,437 +182,857 587,294

Mortgage 173,626 -7,432 166,194
Other debt 0 0 0
Total debt 173,626 -7,432 166,194

I am now 12.9% on my way to achive my FIRE target of USD 1,400,000. This is 2.8 percentage points closer, compared to the last net worth update.

USD 180,120 FIRE target: USD 1,400,000


12.9%

FI portfolio

My FI portfolio now consists of USD 150,120 (83.3%) in retirement accounts, and USD 30,000 (16.7%) in cash.

Investments

Since my last update, my investments decreased with USD 0 (0%).

Retirement accounts

Since my last update, my retirement accounts increased with USD 39,507 (35.72%).




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

If I quit working today, my monthly pay out would be USD 600 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
600/month
(4.0% SWR)
525/month
(3.5% SWR)
450/month
(3.0% SWR)


When can I retire?

FI date

My age

42

I am currently aiming to save/invest approximately USD 8,795 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 1,400,000 in 0 years and 10 months, in , and at that time I will be 42 years old.

By that time I will have invested/saved another USD 835,525, while the rest will be return on my existing FI portfolio and the new investments, in total USD 384,355


Financial independence forecast