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Net worth update per


This is desicoder's #7 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 2,800,000 and my FI portfolio increased to USD 2,350,000


Net worth

USD 2,800,000

Since the last update on my net worth has increased with USD 450,000 (+ 19.15 %).

FI portfolio

USD 2,350,000

Since the last update on my FI portfolio has increased with USD 250,000 (+ 11.9 %).

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 300,000 -300,000 0
Investments 1,050,000 +500,000 1,550,000
Retirement acc 750,000 +50,000 800,000
Real estate 250,000 + 200,000 450,000
Other assets 0 0 0
Total assets 2,350,000 +450,000 2,800,000

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 300,000 -300,000 0
Investments 900,000 +650,000 1,550,000
Retirement acc 675,000 +125,000 800,000
Real estate 250,000 + 200,000 450,000
Other assets 0 0 0
Total assets 2,125,000 +675,000 2,800,000

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 1 -1 0
Investments 1,165,000 +385,000 1,550,000
Retirement acc 0 +800,000 800,000
Real estate 1,960,000 -1,510,000 450,000
Other assets 0 0 0
Total assets 3,125,001 -325,001 2,800,000

Mortgage 1,351,000 -1,351,000 0
Other debt 1 -1 0
Total debt 1,351,001 -1,351,001 0

I am now 58.8% on my way to achive my FIRE target of USD 4,000,000. This is 6.2 percentage points closer, compared to the last net worth update.

USD 2,350,000 FIRE target: USD 4,000,000


58.8%

FI portfolio

My FI portfolio now consists of USD 1,550,000 (66.0%) in investments, USD 800,000 (34.0%) in retirement accounts, and USD 0 (0.0%) in cash.

Investments

Since my last update, my investments increased with USD 500,000 (47.62%).

Retirement accounts

Since my last update, my retirement accounts increased with USD 50,000 (6.67%).




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

If I quit working today, my monthly pay out would be USD 7,833 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
7,833/month
(4.0% SWR)
6,854/month
(3.5% SWR)
5,875/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately USD 8,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 4,000,000 in 1 years and 2 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another USD 504,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 1,146,000


Financial independence forecast