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This is Burner_For_Fire's #4 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 818,393 and my FI portfolio increased to USD 593,640


Net worth

USD 818,393

Since the last update on my net worth has increased with USD 7,633 (+ 0.94 %).

FI portfolio

USD 593,640

Since the last update on my FI portfolio has increased with USD 6,880 (+ 1.17 %).

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 59,132 -3,272 55,860
Investments 50,178 -578 49,600
Retirement acc 477,450 +10,730 488,180
Real estate 420,000 0 420,000
Other assets 40,000 + 753 40,753
Total assets 1,046,760 +7,633 1,054,393

Mortgage 236,000 0 236,000
Other debt 0 0 0
Total debt 236,000 0 236,000
Change
Cash 58,000 -2,140 55,860
Investments 48,000 +1,600 49,600
Retirement acc 473,000 +15,180 488,180
Real estate 420,000 0 420,000
Other assets 0 + 40,753 40,753
Total assets 999,000 +55,393 1,054,393

Mortgage 237,000 -1,000 236,000
Other debt 0 0 0
Total debt 237,000 -1,000 236,000
Change
Cash 58,000 -2,140 55,860
Investments 48,000 +1,600 49,600
Retirement acc 473,000 +15,180 488,180
Real estate 420,000 0 420,000
Other assets 0 + 40,753 40,753
Total assets 999,000 +55,393 1,054,393

Mortgage 237,000 -1,000 236,000
Other debt 0 0 0
Total debt 237,000 -1,000 236,000

I am now 19.8% on my way to achive my FIRE target of USD 3,000,000. This is 0.2 percentage points closer, compared to the last net worth update.

USD 593,640 FIRE target: USD 3,000,000


19.8%

FI portfolio

My FI portfolio now consists of USD 49,600 (8.4%) in investments, USD 488,180 (82.2%) in retirement accounts, and USD 55,860 (9.4%) in cash.

Investments

Since my last update, my investments decreased with USD -578 (-1.15%).

Since I started tracking, my total contributions have been USD 49,000, and my total return has been USD 35,588.

Retirement accounts

Since my last update, my retirement accounts increased with USD 10,730 (2.25%).

Since I started tracking, my total contributions have been USD 19,563, and my total return is USD 155,407.




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

If I quit working today, my monthly pay out would be USD 1,978 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
1,978/month
(4.0% SWR)
1,731/month
(3.5% SWR)
1,484/month
(3.0% SWR)


When can I retire?

FI date

My age

46

I am currently aiming to save/invest approximately USD 6,031 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 3,000,000 in 8 years and 11 months, in , and at that time I will be 46 years old.

By that time I will have invested/saved another USD 886,557, while the rest will be return on my existing FI portfolio and the new investments, in total USD 1,519,803


Financial independence forecast