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Net worth update per February 2nd 2022


This is Falco's #288 net worth update. Please check out my profile here for more information. As of February 2nd 2022, my net worth increased to USD 265,948 and my FI portfolio increased to USD 265,948


Net worth

USD 265,948

Since the last update on February 1st 2022 my net worth has increased with USD 1,109 (+ 0.42 %).

FI portfolio

USD 265,948

Since the last update on February 1st 2022 my FI portfolio has increased with USD 1,109 (+ 0.42 %).

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.
1 Feb 22 Change 2 Feb 22
Cash 5,808 0 5,808
Investments 67,829 -76 67,753
Retirement acc 191,202 +1,185 192,387
Real estate 0 0 0
Other assets 0 0 0
Total assets 264,839 +1,109 265,948

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
31 Dec 21 Change 2 Feb 22
Cash 10,638 -4,830 5,808
Investments 73,810 -6,057 67,753
Retirement acc 199,896 -7,509 192,387
Real estate 0 0 0
Other assets 0 0 0
Total assets 284,344 -18,396 265,948

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
17 Sep 20 Change 2 Feb 22
Cash 20,502 -14,694 5,808
Investments 22,774 +44,979 67,753
Retirement acc 141,441 +50,946 192,387
Real estate 0 0 0
Other assets 0 0 0
Total assets 184,717 +81,231 265,948

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 53.2% on my way to achive my FIRE target of USD 500,000. This is 0.2 percentage points closer, compared to the last net worth update.

USD 265,948 FIRE target: USD 500,000


53.2%

FI portfolio

My FI portfolio now consists of USD 67,753 (25.5%) in investments, USD 192,387 (72.3%) in retirement accounts, and USD 5,808 (2.2%) in cash.

Investments

Since my last update, my investments decreased with USD -76 (-0.11%).

Since I started tracking, my total contributions have been USD 54,193, and my total return has been USD 19,582.

Retirement accounts

Since my last update, my retirement accounts increased with USD 1,185 (0.62%).

Since I started tracking, my total contributions have been USD 27,501, and my total return is USD 111,437.




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

If I quit working today, my monthly pay out would be USD 886 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
886/month
(4.0% SWR)
775/month
(3.5% SWR)
664/month
(3.0% SWR)


When can I retire?

FI date

August 2027

My age

44

I am currently aiming to save/invest approximately USD 1,400 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 500,000 in 2 years and 2 months, in August 2027, and at that time I will be 44 years old.

By that time I will have invested/saved another USD 92,400, while the rest will be return on my existing FI portfolio and the new investments, in total USD 141,652


Financial independence forecast