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Net worth update per


This is enragedCake2's #16 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 7,103,336 and my FI portfolio increased to INR 5,557,298


Net worth

INR 7,103,336

Since the last update on my net worth has increased with INR 1,720,792 (+ 31.97 %).

FI portfolio

INR 5,557,298

Since the last update on my FI portfolio has increased with INR 1,711,430 (+ 44.5 %).

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.
Change
Cash 70,000 +30,000 100,000
Investments 3,524,322 +1,681,430 5,205,752
Retirement acc 251,546 0 251,546
Real estate 0 0 0
Other assets 1,919,300 + 9,362 1,928,662
Total assets 5,765,168 +1,720,792 7,485,960

Mortgage 0 0 0
Other debt 382,624 0 382,624
Total debt 382,624 0 382,624
Change
Cash 1,003,421 -903,421 100,000
Investments 1,608,439 +3,597,313 5,205,752
Retirement acc 192,666 +58,880 251,546
Real estate 0 0 0
Other assets 1,876,153 + 52,509 1,928,662
Total assets 4,680,679 +2,805,281 7,485,960

Mortgage 0 0 0
Other debt 0 + 382,624 382,624
Total debt 0 + 382,624 382,624
Change
Cash 1,190,877 -1,090,877 100,000
Investments 425,244 +4,780,508 5,205,752
Retirement acc 95,920 +155,626 251,546
Real estate 0 0 0
Other assets 1,610,039 + 318,623 1,928,662
Total assets 3,322,080 +4,163,880 7,485,960

Mortgage 0 0 0
Other debt 0 + 382,624 382,624
Total debt 0 + 382,624 382,624

I am now 9.3% on my way to achive my FIRE target of INR 60,000,000. This is 2.9 percentage points closer, compared to the last net worth update.

INR 5,557,298 FIRE target: INR 60,000,000


9.3%

FI portfolio

My FI portfolio now consists of INR 5,205,752 (93.7%) in investments, INR 251,546 (4.5%) in retirement accounts, and INR 100,000 (1.8%) in cash.

Investments

Since my last update, my investments increased with INR 1,681,430 (47.71%).

Since I started tracking, my total contributions have been INR 123,587, and my total return has been INR 18,200,229.

Retirement accounts

Since my last update, my retirement accounts decreased with INR 0 (0.0%).

Since I started tracking, my total contributions have been INR 7,360, and my total return is INR 1,277,329.




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

If I quit working today, my monthly pay out would be INR 18,524 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
18,524/month
(4.0% SWR)
16,208/month
(3.5% SWR)
13,893/month
(3.0% SWR)


When can I retire?

FI date

My age

35

I am currently aiming to save/invest approximately INR 480,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 60,000,000 in 2 years and 11 months, in , and at that time I will be 35 years old.

By that time I will have invested/saved another INR 38,400,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 16,042,702


Financial independence forecast