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Net worth update per April 30th 2021


This is thrilledIcecream9's #19 net worth update. Please check out my profile here for more information. As of April 30th 2021, my net worth increased to INR 18,881,327 and my FI portfolio decreased to INR 17,724,859


Net worth

INR 18,881,327

Since the last update on March 31st 2021 my net worth has increased with INR 632,554 (+ 3.47 %).

FI portfolio

INR 17,724,859

Since the last update on March 31st 2021 my FI portfolio has decreased with INR -71,971 ( -0.4 %).

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.
31 Mar 21 Change 30 Apr 21
Cash 769,021 -208,195 560,826
Investments 15,738,489 +25,572 15,764,061
Retirement acc 1,289,320 +110,652 1,399,972
Real estate 0 0 0
Other assets 1,146,304 + 10,164 1,156,468
Total assets 18,943,134 -61,807 18,881,327

Mortgage 0 0 0
Other debt 694,361 -694,361 0
Total debt 694,361 -694,361 0
31 Dec 20 Change 30 Apr 21
Cash 34,874 +525,952 560,826
Investments 14,813,514 +950,547 15,764,061
Retirement acc 1,289,320 +110,652 1,399,972
Real estate 0 0 0
Other assets 1,096,304 + 60,164 1,156,468
Total assets 17,234,012 +1,647,315 18,881,327

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
1 Nov 19 Change 30 Apr 21
Cash 400,000 +160,826 560,826
Investments 7,500,000 +8,264,061 15,764,061
Retirement acc 1,272,000 +127,972 1,399,972
Real estate 0 0 0
Other assets 772,421 + 384,047 1,156,468
Total assets 9,944,421 +8,936,906 18,881,327

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 29.5% on my way to achive my FIRE target of INR 60,000,000. This is -0.1 percentage points closer, compared to the last net worth update.

INR 17,724,859 FIRE target: INR 60,000,000


29.5%

FI portfolio

My FI portfolio now consists of INR 15,764,061 (88.9%) in investments, INR 1,399,972 (7.9%) in retirement accounts, and INR 560,826 (3.2%) in cash.

Investments

Since my last update, my investments increased with INR 25,572 (0.16%), of which INR 529,217 was from contributions, and INR -782,968 was from returns.

Since I started tracking, my total contributions have been INR 34,683,589, and my total return has been INR 14,292,671.

Retirement accounts

Since my last update, my retirement accounts increased with INR 110,652 (8.58%).

Since I started tracking, my total contributions have been INR 1,814,390, and my total return is INR -1,313,260.




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

If I quit working today, my monthly pay out would be INR 59,082 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
59,082/month
(4.0% SWR)
51,697/month
(3.5% SWR)
44,312/month
(3.0% SWR)


When can I retire?

FI date

June 2024

My age

33

I am currently aiming to save/invest approximately INR 800,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 60,000,000 in 0 years and -11 months, in June 2024, and at that time I will be 33 years old.

By that time I will have invested/saved another INR 30,400,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 11,875,141


Financial independence forecast