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Net worth update per October 31st 2018


This is firewarden's #13 net worth update. Please check out my profile here for more information. As of October 31st 2018, my net worth decreased to USD 3,472,035 and my FI portfolio increased to USD 1,955,861


Net worth

USD 3,472,035

Since the last update on September 30th 2018 my net worth has decreased with USD -83,445 ( -2.35 %).

FI portfolio

USD 1,955,861

Since the last update on September 30th 2018 my FI portfolio has increased with USD 18,991 (+ 0.98 %).

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.
30 Sep 18 Change 31 Oct 18
Cash 294,174 -17,341 276,833
Investments 700,423 +53,595 754,018
Retirement acc 942,273 -17,263 925,010
Real estate 3,111,111 + 5,556 3,116,667
Other assets 0 0 0
Total assets 5,047,981 +24,547 5,072,528

Mortgage 1,492,501 107,992 1,600,493
Other debt 0 0 0
Total debt 1,492,501 107,992 1,600,493
31 Dec 17 Change 31 Oct 18
Cash 134,461 +142,372 276,833
Investments 285,239 +468,779 754,018
Retirement acc 826,361 +98,649 925,010
Real estate 3,061,111 + 55,556 3,116,667
Other assets 0 0 0
Total assets 4,307,172 +765,356 5,072,528

Mortgage 914,817 685,676 1,600,493
Other debt 0 0 0
Total debt 914,817 685,676 1,600,493
31 Oct 17 Change 31 Oct 18
Cash 388,818 -111,985 276,833
Investments 0 +754,018 754,018
Retirement acc 627,250 +297,760 925,010
Real estate 3,050,000 + 66,667 3,116,667
Other assets 0 0 0
Total assets 4,066,068 +1,006,460 5,072,528

Mortgage 849,997 750,496 1,600,493
Other debt 0 0 0
Total debt 849,997 + 750,496 1,600,493

I am now 14.8% on my way to achive my FIRE target of USD 13,200,000. This is 0.1 percentage points closer, compared to the last net worth update.

USD 1,955,861 FIRE target: USD 13,200,000


14.8%

FI portfolio

My FI portfolio now consists of USD 754,018 (38.6%) in investments, USD 925,010 (47.3%) in retirement accounts, and USD 276,833 (14.2%) in cash.

Investments

Since my last update, my investments increased with USD 53,595 (7.65%).

Since I started tracking, my total contributions have been USD 3,050,749, and my total return has been USD 726,089.

Retirement accounts

Since my last update, my retirement accounts decreased with USD -17,263 (-1.83%), of which USD 2,021 was from contributions , and USD -115,800 was from returns.

Since I started tracking, my total contributions have been USD 2,522,592, and my total return is USD 1,228,320.




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

If I quit working today, my monthly pay out would be USD 6,519 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
6,519/month
(4.0% SWR)
5,704/month
(3.5% SWR)
4,889/month
(3.0% SWR)


When can I retire?

FI date

August 2031

My age

44

I am currently aiming to save/invest approximately USD 40,000 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 13,200,000 in 6 years and 2 months, in August 2031, and at that time I will be 44 years old.

By that time I will have invested/saved another USD 6,160,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 5,084,139


Financial independence forecast