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This is FIREUrBOSS's #19 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 6,302,683 and my FI portfolio increased to INR 6,644,102


Net worth

INR 6,302,683

Since the last update on my net worth has increased with INR 160,679 (+ 2.62 %).

FI portfolio

INR 6,644,102

Since the last update on my FI portfolio has increased with INR 157,976 (+ 2.44 %).

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 INR.
Change
Cash 142,428 +26,680 169,108
Investments 3,841,665 +92,227 3,933,892
Retirement acc 2,502,033 +39,069 2,541,102
Real estate 0 0 0
Other assets 55,878 + 2,703 58,581
Total assets 6,542,004 +160,679 6,702,683

Mortgage 0 0 0
Other debt 400,000 0 400,000
Total debt 400,000 0 400,000
Change
Cash 177,377 -8,269 169,108
Investments 3,529,564 +404,328 3,933,892
Retirement acc 2,462,705 +78,397 2,541,102
Real estate 0 0 0
Other assets 66,688 -8,107 58,581
Total assets 6,236,334 +466,349 6,702,683

Mortgage 0 0 0
Other debt 400,000 0 400,000
Total debt 400,000 0 400,000
Change
Cash 22,261 +146,847 169,108
Investments 2,564,666 +1,369,226 3,933,892
Retirement acc 1,791,656 +749,446 2,541,102
Real estate 0 0 0
Other assets 34,000 + 24,581 58,581
Total assets 4,412,583 +2,290,100 6,702,683

Mortgage 0 0 0
Other debt 400,000 0 400,000
Total debt 400,000 0 400,000

I am now 9.5% on my way to achive my FIRE target of INR 70,000,000. This is 0.2 percentage points closer, compared to the last net worth update.

INR 6,644,102 FIRE target: INR 70,000,000


9.5%

FI portfolio

My FI portfolio now consists of INR 3,933,892 (59.2%) in investments, INR 2,541,102 (38.2%) in retirement accounts, and INR 169,108 (2.5%) in cash.

Investments

Since my last update, my investments increased with INR 92,227 (2.4%), of which INR 163,000 was from contributions, and INR 262,624 was from returns.

Since I started tracking, my total contributions have been INR 2,470,464, and my total return has been INR 5,744,610.

Retirement accounts

Since my last update, my retirement accounts increased with INR 39,069 (1.56%).

Since I started tracking, my total contributions have been INR 29,436, and my total return is INR 2,806,940.




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

If I quit working today, my monthly pay out would be INR 22,147 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
22,147/month
(4.0% SWR)
19,378/month
(3.5% SWR)
16,610/month
(3.0% SWR)


When can I retire?

FI date

My age

50

I am currently aiming to save/invest approximately INR 163,500 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 70,000,000 in 11 years and 11 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another INR 29,266,500, while the rest will be return on my existing FI portfolio and the new investments, in total INR 34,089,398


Financial independence forecast