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Net worth update per


This is enragedCake2's #21 net worth update. Please check out my profile here for more information. As of , my net worth decreased to INR 8,095,945 and my FI portfolio decreased to INR 6,463,835


Net worth

INR 8,095,945

Since the last update on my net worth has decreased with INR -408,669 ( -4.81 %).

FI portfolio

INR 6,463,835

Since the last update on my FI portfolio has decreased with INR -422,304 ( -6.13 %).

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 82,000 -20,303 61,697
Investments 6,440,510 -331,950 6,108,560
Retirement acc 363,629 -70,051 293,578
Real estate 0 0 0
Other assets 1,966,110 + 9,362 1,975,472
Total assets 8,852,249 -412,942 8,439,307

Mortgage 0 0 0
Other debt 347,635 -4,273 343,362
Total debt 347,635 -4,273 343,362
Change
Cash 82,000 -20,303 61,697
Investments 6,440,510 -331,950 6,108,560
Retirement acc 363,629 -70,051 293,578
Real estate 0 0 0
Other assets 1,966,110 + 9,362 1,975,472
Total assets 8,852,249 -412,942 8,439,307

Mortgage 0 0 0
Other debt 347,635 -4,273 343,362
Total debt 347,635 -4,273 343,362
Change
Cash 1,190,877 -1,129,180 61,697
Investments 425,244 +5,683,316 6,108,560
Retirement acc 95,920 +197,658 293,578
Real estate 0 0 0
Other assets 1,610,039 + 365,433 1,975,472
Total assets 3,322,080 +5,117,227 8,439,307

Mortgage 0 0 0
Other debt 0 + 343,362 343,362
Total debt 0 + 343,362 343,362

I am now 10.8% on my way to achive my FIRE target of INR 60,000,000. This is -0.7 percentage points closer, compared to the last net worth update.

INR 6,463,835 FIRE target: INR 60,000,000


10.8%

FI portfolio

My FI portfolio now consists of INR 6,108,560 (94.5%) in investments, INR 293,578 (4.5%) in retirement accounts, and INR 61,697 (1.0%) in cash.

Investments

Since my last update, my investments decreased with INR -331,950 (-5.15%).

Since I started tracking, my total contributions have been INR 123,587, and my total return has been INR 11,957,864.

Retirement accounts

Since my last update, my retirement accounts decreased with INR -70,051 (-19.26%).

Since I started tracking, my total contributions have been INR 7,360, and my total return is INR 853,692.




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

If I quit working today, my monthly pay out would be INR 21,546 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
21,546/month
(4.0% SWR)
18,852/month
(3.5% SWR)
16,159/month
(3.0% SWR)


When can I retire?

FI date

My age

41

I am currently aiming to save/invest approximately INR 180,000 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 9 years and 8 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another INR 25,920,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 27,616,165


Financial independence forecast