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Net worth update per


This is Burner_For_Fire's #7 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 875,568 and my FI portfolio decreased to USD 574,364


Net worth

USD 875,568

Since the last update on my net worth has increased with USD 4,710 (+ 0.54 %).

FI portfolio

USD 574,364

Since the last update on my FI portfolio has decreased with USD -9,736 ( -1.67 %).

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.
Change
Cash 62,840 +7,404 70,244
Investments 56,837 -1,193 55,644
Retirement acc 464,423 -15,947 448,476
Real estate 480,000 + 15,429 495,429
Other assets 40,758 -2,506 38,252
Total assets 1,104,858 +3,187 1,108,045

Mortgage 234,000 -1,523 232,477
Other debt 0 0 0
Total debt 234,000 -1,523 232,477
Change
Cash 61,953 +8,291 70,244
Investments 58,031 -2,387 55,644
Retirement acc 480,756 -32,280 448,476
Real estate 440,000 + 55,429 495,429
Other assets 40,573 -2,321 38,252
Total assets 1,081,313 +26,732 1,108,045

Mortgage 235,000 -2,523 232,477
Other debt 0 0 0
Total debt 235,000 -2,523 232,477
Change
Cash 58,000 +12,244 70,244
Investments 48,000 +7,644 55,644
Retirement acc 473,000 -24,524 448,476
Real estate 420,000 + 75,429 495,429
Other assets 0 + 38,252 38,252
Total assets 999,000 +109,045 1,108,045

Mortgage 237,000 -4,523 232,477
Other debt 0 0 0
Total debt 237,000 -4,523 232,477

I am now 19.1% on my way to achive my FIRE target of USD 3,000,000. This is -0.3 percentage points closer, compared to the last net worth update.

USD 574,364 FIRE target: USD 3,000,000


19.1%

FI portfolio

My FI portfolio now consists of USD 55,644 (9.7%) in investments, USD 448,476 (78.1%) in retirement accounts, and USD 70,244 (12.2%) in cash.

Investments

Since my last update, my investments decreased with USD -1,193 (-2.1%).

Since I started tracking, my total contributions have been USD 50,800, and my total return has been USD 74,014.

Retirement accounts

Since my last update, my retirement accounts decreased with USD -15,947 (-3.43%).

Since I started tracking, my total contributions have been USD 22,803, and my total return is USD 288,614.




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

If I quit working today, my monthly pay out would be USD 1,914 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
1,914/month
(4.0% SWR)
1,675/month
(3.5% SWR)
1,435/month
(3.0% SWR)


When can I retire?

FI date

My age

46

I am currently aiming to save/invest approximately USD 7,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 3,000,000 in 8 years and 1 months, in , and at that time I will be 46 years old.

By that time I will have invested/saved another USD 987,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 1,438,636


Financial independence forecast