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Net worth update per November 19th 2021


This is enragedCake2's #19 net worth update. Please check out my profile here for more information. As of November 19th 2021, my net worth increased to INR 8,023,885 and my FI portfolio increased to INR 6,455,117


Net worth

INR 8,023,885

Since the last update on October 20th 2021 my net worth has increased with INR 501,824 (+ 6.67 %).

FI portfolio

INR 6,455,117

Since the last update on October 20th 2021 my FI portfolio has increased with INR 498,562 (+ 8.37 %).

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.
20 Oct 21 Change 19 Nov 21
Cash 100,000 -75,000 25,000
Investments 5,588,825 +565,470 6,154,295
Retirement acc 267,730 +8,092 275,822
Real estate 0 0 0
Other assets 1,947,386 + 9,362 1,956,748
Total assets 7,903,941 +507,924 8,411,865

Mortgage 0 0 0
Other debt 381,880 + 6,100 387,980
Total debt 381,880 + 6,100 387,980
19 Dec 20 Change 19 Nov 21
Cash 1,003,421 -978,421 25,000
Investments 1,608,439 +4,545,856 6,154,295
Retirement acc 192,666 +83,156 275,822
Real estate 0 0 0
Other assets 1,876,153 + 80,595 1,956,748
Total assets 4,680,679 +3,731,186 8,411,865

Mortgage 0 0 0
Other debt 0 + 387,980 387,980
Total debt 0 + 387,980 387,980
2 Nov 19 Change 19 Nov 21
Cash 1,190,877 -1,165,877 25,000
Investments 425,244 +5,729,051 6,154,295
Retirement acc 95,920 +179,902 275,822
Real estate 0 0 0
Other assets 1,610,039 + 346,709 1,956,748
Total assets 3,322,080 +5,089,785 8,411,865

Mortgage 0 0 0
Other debt 0 + 387,980 387,980
Total debt 0 + 387,980 387,980

I am now 10.8% on my way to achive my FIRE target of INR 60,000,000. This is 0.8 percentage points closer, compared to the last net worth update.

INR 6,455,117 FIRE target: INR 60,000,000


10.8%

FI portfolio

My FI portfolio now consists of INR 6,154,295 (95.3%) in investments, INR 275,822 (4.3%) in retirement accounts, and INR 25,000 (0.4%) in cash.

Investments

Since my last update, my investments increased with INR 565,470 (10.12%).

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 increased with INR 8,092 (3.02%).

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 21,517 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
21,517/month
(4.0% SWR)
18,827/month
(3.5% SWR)
16,137/month
(3.0% SWR)


When can I retire?

FI date

May 2028

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 May 2028, and at that time I will be 35 years old.

By that time I will have invested/saved another INR 37,440,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 16,104,883


Financial independence forecast