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This is kyuminaga's #3 net worth update. Please check out my profile here for more information. As of , my net worth increased to HKD 3,038,627 and my FI portfolio increased to HKD 1,358,627


Net worth

HKD 3,038,627

Since the last update on my net worth has increased with HKD 611,027 (+ 25.17 %).

FI portfolio

HKD 1,358,627

Since the last update on my FI portfolio has increased with HKD 111,027 (+ 8.9 %).

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 HKD.
Change
Cash 224,000 -22,000 202,000
Investments 730,600 +128,527 859,127
Retirement acc 293,000 +4,500 297,500
Real estate 6,300,000 + 160,000 6,460,000
Other assets 0 0 0
Total assets 7,547,600 +271,027 7,818,627

Mortgage 5,120,000 -340,000 4,780,000
Other debt 0 0 0
Total debt 5,120,000 -340,000 4,780,000
Change
Cash 377,000 -175,000 202,000
Investments 497,000 +362,127 859,127
Retirement acc 286,200 +11,300 297,500
Real estate 6,300,000 + 160,000 6,460,000
Other assets 0 0 0
Total assets 7,460,200 +358,427 7,818,627

Mortgage 4,810,000 -30,000 4,780,000
Other debt 0 0 0
Total debt 4,810,000 -30,000 4,780,000
Change
Cash 377,000 -175,000 202,000
Investments 497,000 +362,127 859,127
Retirement acc 286,200 +11,300 297,500
Real estate 6,300,000 + 160,000 6,460,000
Other assets 0 0 0
Total assets 7,460,200 +358,427 7,818,627

Mortgage 4,810,000 -30,000 4,780,000
Other debt 0 0 0
Total debt 4,810,000 -30,000 4,780,000

I am now 3.4% on my way to achive my FIRE target of HKD 40,000,000. This is 0.3 percentage points closer, compared to the last net worth update.

HKD 1,358,627 FIRE target: HKD 40,000,000


3.4%

FI portfolio

My FI portfolio now consists of HKD 859,127 (63.2%) in investments, HKD 297,500 (21.9%) in retirement accounts, and HKD 202,000 (14.9%) in cash.

Investments

Since my last update, my investments increased with HKD 128,527 (17.59%), of which HKD 40,000 was from contributions, and HKD 35,714 was from returns.

Since I started tracking, my total contributions have been HKD 244,428, and my total return has been HKD 298,286.

Retirement accounts

Since my last update, my retirement accounts increased with HKD 4,500 (1.54%), of which HKD 3,000 was from contributions , and HKD -1,700 was from returns.

Since I started tracking, my total contributions have been HKD 15,000, and my total return is HKD 8,800.




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

If I quit working today, my monthly pay out would be HKD 4,528 for the rest of my life.


Monthly SWR amount
Retire today with (HKD)
4,528/month
(4.0% SWR)
3,962/month
(3.5% SWR)
3,396/month
(3.0% SWR)


When can I retire?

FI date

My age

51

I am currently aiming to save/invest approximately HKD 35,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of HKD 40,000,000 in 18 years and 2 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another HKD 8,855,000, while the rest will be return on my existing FI portfolio and the new investments, in total HKD 29,786,373


Financial independence forecast