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Net worth update per August 31st 2021



This is firewarden's #47 net worth update. Please check out my profile here for more information. As of August 31st 2021, my net worth increased to USD 7,290,204 and my FI portfolio increased to USD 6,241,248


Net worth

USD 7,290,204

Since the last update on July 31st 2021 my net worth has increased with USD 291,296 (+ 4.16 %).

FI portfolio

USD 6,241,248

Since the last update on July 31st 2021 my FI portfolio has increased with USD 284,796 (+ 4.78 %).

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.

I am now 47.3% on my way to achive my FIRE target of USD 13,200,000. This is 2.2 percentage points closer, compared to the last net worth update.

USD 6,241,248 FIRE target: USD 13,200,000


47.3%


FI portfolio


My FI portfolio now consists of USD 2,495,913 (40.0%) in investments, USD 2,868,613 (46.0%) in retirement accounts, and USD 876,722 (14.0%) in cash.

Investments

Since my last update, my investments increased with USD 269,081 (12.08%), of which USD 29,628 was from contributions, and USD 179,747 was from returns.

Since I started tracking, my total contributions have been USD 3,253,552, and my total return has been USD 636,383.

Retirement accounts

Since my last update, my retirement accounts increased with USD 83,048 (2.98%), of which USD 2,328 was from contributions , and USD 244,178 was from returns.

Since I started tracking, my total contributions have been USD 2,559,991, and my total return is USD 1,392,845.




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


If I quit working today, my monthly pay out would be USD 20,804 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
20,804/month
(4.0% SWR)
18,203/month
(3.5% SWR)
15,603/month
(3.0% SWR)


When can I retire?


FI date

July 2028


My age

41

I am currently aiming to save/invest approximately USD 40,000 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 13,200,000 in 3 years and 0 months, in July 2028, and at that time I will be 41 years old.

By that time I will have invested/saved another USD 3,320,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 3,638,752


Financial independence forecast