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This is FIREUrBOSS's #30 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 9,184,799 and my FI portfolio increased to INR 9,044,314


Net worth

INR 9,184,799

Since the last update on my net worth has increased with INR 39,992 (+ 0.44 %).

FI portfolio

INR 9,044,314

Since the last update on my FI portfolio has increased with INR 27,050 (+ 0.3 %).

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 356,297 -47,090 309,207
Investments 5,815,906 +93,222 5,909,128
Retirement acc 2,845,061 -19,082 2,825,979
Real estate 0 0 0
Other assets 127,543 + 12,942 140,485
Total assets 9,144,807 +39,992 9,184,799

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 356,297 -47,090 309,207
Investments 5,815,906 +93,222 5,909,128
Retirement acc 2,845,061 -19,082 2,825,979
Real estate 0 0 0
Other assets 127,543 + 12,942 140,485
Total assets 9,144,807 +39,992 9,184,799

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 22,261 +286,946 309,207
Investments 2,564,666 +3,344,462 5,909,128
Retirement acc 1,791,656 +1,034,323 2,825,979
Real estate 0 0 0
Other assets 34,000 + 106,485 140,485
Total assets 4,412,583 +4,772,216 9,184,799

Mortgage 0 0 0
Other debt 400,000 -400,000 0
Total debt 400,000 -400,000 0

I am now 12.9% on my way to achive my FIRE target of INR 70,000,000. This is 0.0 percentage points closer, compared to the last net worth update.

INR 9,044,314 FIRE target: INR 70,000,000


12.9%

FI portfolio

My FI portfolio now consists of INR 5,909,128 (65.3%) in investments, INR 2,825,979 (31.2%) in retirement accounts, and INR 309,207 (3.4%) in cash.

Investments

Since my last update, my investments increased with INR 93,222 (1.6%), of which INR 163,000 was from contributions, and INR 262,624 was from returns.

Since I started tracking, my total contributions have been INR 2,470,464, and my total return has been INR 5,744,610.

Retirement accounts

Since my last update, my retirement accounts decreased with INR -19,082 (-0.67%).

Since I started tracking, my total contributions have been INR 29,436, and my total return is INR 2,806,940.




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

If I quit working today, my monthly pay out would be INR 30,147 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
30,147/month
(4.0% SWR)
26,379/month
(3.5% SWR)
22,610/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately INR 163,500 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 70,000,000 in 11 years and 9 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another INR 27,468,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 33,487,686


Financial independence forecast