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Net worth update per


This is damnedbee's #4 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 820,000 and my FI portfolio increased to USD 650,000


Net worth

USD 820,000

Since the last update on my net worth has increased with USD 217,004 (+ 35.99 %).

FI portfolio

USD 650,000

Since the last update on my FI portfolio has increased with USD 184,000 (+ 39.48 %).

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.
Change
Cash 20,000 +5,000 25,000
Investments 19,000 +31,000 50,000
Retirement acc 427,000 +148,000 575,000
Real estate 275,000 + 25,000 300,000
Other assets 7,996 + 2,004 10,000
Total assets 748,996 +211,004 960,000

Mortgage 146,000 -6,000 140,000
Other debt 0 0 0
Total debt 146,000 -6,000 140,000
Change
Cash 20,000 +5,000 25,000
Investments 19,000 +31,000 50,000
Retirement acc 427,000 +148,000 575,000
Real estate 275,000 + 25,000 300,000
Other assets 7,996 + 2,004 10,000
Total assets 748,996 +211,004 960,000

Mortgage 146,000 -6,000 140,000
Other debt 0 0 0
Total debt 146,000 -6,000 140,000
Change
Cash 8,000 +17,000 25,000
Investments 8,000 +42,000 50,000
Retirement acc 368,000 +207,000 575,000
Real estate 250,000 + 50,000 300,000
Other assets 7,997 + 2,003 10,000
Total assets 641,997 +318,003 960,000

Mortgage 156,444 -16,444 140,000
Other debt 0 0 0
Total debt 156,444 -16,444 140,000

I am now 52.0% on my way to achive my FIRE target of USD 1,250,000. This is 14.7 percentage points closer, compared to the last net worth update.

USD 650,000 FIRE target: USD 1,250,000


52.0%

FI portfolio

My FI portfolio now consists of USD 50,000 (7.7%) in investments, USD 575,000 (88.5%) in retirement accounts, and USD 25,000 (3.8%) in cash.

Investments

Since my last update, my investments increased with USD 31,000 (163.16%).

Retirement accounts

Since my last update, my retirement accounts increased with USD 148,000 (34.66%).




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

If I quit working today, my monthly pay out would be USD 2,166 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
2,166/month
(4.0% SWR)
1,895/month
(3.5% SWR)
1,625/month
(3.0% SWR)


When can I retire?

FI date

My age

50

I am currently aiming to save/invest approximately USD 4,500 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 1,250,000 in 1 years and 2 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another USD 279,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 321,000


Financial independence forecast