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Net worth update per February 28th 2021


This is firewarden's #41 net worth update. Please check out my profile here for more information. As of February 28th 2021, my net worth increased to USD 6,161,604 and my FI portfolio increased to USD 5,161,471


Net worth

USD 6,161,604

Since the last update on January 31st 2021 my net worth has increased with USD 121,672 (+ 2.01 %).

FI portfolio

USD 5,161,471

Since the last update on January 31st 2021 my FI portfolio has increased with USD 127,991 (+ 2.54 %).

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.
31 Jan 21 Change 28 Feb 21
Cash 1,079,355 -80,645 998,710
Investments 1,783,908 +46,256 1,830,164
Retirement acc 2,170,217 +162,380 2,332,597
Real estate 3,200,000 0 3,200,000
Other assets 15,000 0 15,000
Total assets 8,248,480 +127,991 8,376,471

Mortgage 2,208,548 6,319 2,214,867
Other debt 0 0 0
Total debt 2,208,548 6,319 2,214,867
31 Dec 20 Change 28 Feb 21
Cash 1,168,695 -169,985 998,710
Investments 1,668,141 +162,023 1,830,164
Retirement acc 2,122,135 +210,462 2,332,597
Real estate 3,200,000 0 3,200,000
Other assets 15,000 0 15,000
Total assets 8,173,971 +202,500 8,376,471

Mortgage 2,197,865 17,002 2,214,867
Other debt 0 0 0
Total debt 2,197,865 17,002 2,214,867
31 Oct 17 Change 28 Feb 21
Cash 388,818 +609,892 998,710
Investments 0 +1,830,164 1,830,164
Retirement acc 627,250 +1,705,347 2,332,597
Real estate 3,050,000 + 150,000 3,200,000
Other assets 0 + 15,000 15,000
Total assets 4,066,068 +4,310,403 8,376,471

Mortgage 849,997 1,364,870 2,214,867
Other debt 0 0 0
Total debt 849,997 + 1,364,870 2,214,867

I am now 39.1% on my way to achive my FIRE target of USD 13,200,000. This is 1.0 percentage points closer, compared to the last net worth update.

USD 5,161,471 FIRE target: USD 13,200,000


39.1%

FI portfolio

My FI portfolio now consists of USD 1,830,164 (35.5%) in investments, USD 2,332,597 (45.2%) in retirement accounts, and USD 998,710 (19.3%) in cash.

Investments

Since my last update, my investments increased with USD 46,256 (2.59%).

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 increased with USD 162,380 (7.48%), 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 17,204 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
17,204/month
(4.0% SWR)
15,054/month
(3.5% SWR)
12,903/month
(3.0% SWR)


When can I retire?

FI date

June 2029

My age

42

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 4 years and 1 months, in June 2029, and at that time I will be 42 years old.

By that time I will have invested/saved another USD 4,000,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 4,038,529


Financial independence forecast