Net worth update per



This is my #8 net worth update. Please check out my profile here for more information. As of , my net worth increased to RON 348,252 and my FI portfolio increased to RON 207,768


Net worth

RON 348,252

Since the last update on my net worth has increased with RON 22,017 (+ 6.75 %).

FI portfolio

RON 207,768

Since the last update on my FI portfolio has increased with RON 1,733 (+ 0.84 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in RON.

I am now 4.2% on my way to achive my FIRE target of RON 5,000,000. This is 0.0 percentage points closer, compared to the last net worth update.

RON 207,768 FIRE target: RON 5,000,000


4.2%


FI portfolio


My FI portfolio now consists of RON 172,547 (83.0%) in investments, RON 35,221 (17.0%) in retirement accounts, and RON 0 (0.0%) in cash.

Investments

Since my last update, my investments increased with RON 11,795 (7.34%), of which RON 6,071 was from contributions, and RON 5 was from returns.

Since I started tracking, my total contributions have been RON 60,606, and my total return has been RON 8,017.

Retirement accounts

Since my last update, my retirement accounts increased with RON 1,038 (3.04%), of which RON 750 was from contributions , and RON 76 was from returns.

Since I started tracking, my total contributions have been RON 5,795, and my total return is RON 3,252.




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


If I quit working today, my monthly pay out would be RON 692 for the rest of my life.


Monthly SWR amount
Retire today with (RON)
692/month
(4.0% SWR)
605/month
(3.5% SWR)
519/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately RON 8,150 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of RON 5,000,000 in 21 years and 3 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another RON 2,094,550, while the rest will be return on my existing FI portfolio and the new investments, in total RON 2,697,682


Financial independence forecast