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This is enragedCake2's #26 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 6,344,504 and my FI portfolio increased to INR 5,494,004


Net worth

INR 6,344,504

Since the last update on my net worth has increased with INR 392,311 (+ 6.59 %).

FI portfolio

INR 5,494,004

Since the last update on my FI portfolio has increased with INR 292,134 (+ 5.62 %).

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 1,100,000 -127,277 972,723
Investments 3,658,093 +406,534 4,064,627
Retirement acc 443,777 +12,877 456,654
Real estate 0 0 0
Other assets 878,592 -28,092 850,500
Total assets 6,080,462 +264,042 6,344,504

Mortgage 0 0 0
Other debt 128,269 -128,269 0
Total debt 128,269 -128,269 0
Change
Cash 82,000 +890,723 972,723
Investments 6,440,510 -2,375,883 4,064,627
Retirement acc 363,629 +93,025 456,654
Real estate 0 0 0
Other assets 1,966,110 -1,115,610 850,500
Total assets 8,852,249 -2,507,745 6,344,504

Mortgage 0 0 0
Other debt 347,635 -347,635 0
Total debt 347,635 -347,635 0
Change
Cash 1,190,877 -218,154 972,723
Investments 425,244 +3,639,383 4,064,627
Retirement acc 95,920 +360,734 456,654
Real estate 0 0 0
Other assets 1,610,039 -759,539 850,500
Total assets 3,322,080 +3,022,424 6,344,504

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

I am now 9.2% on my way to achive my FIRE target of INR 60,000,000. This is 0.5 percentage points closer, compared to the last net worth update.

INR 5,494,004 FIRE target: INR 60,000,000


9.2%

FI portfolio

My FI portfolio now consists of INR 4,064,627 (74.0%) in investments, INR 456,654 (8.3%) in retirement accounts, and INR 972,723 (17.7%) in cash.

Investments

Since my last update, my investments increased with INR 406,534 (11.11%).

Since I started tracking, my total contributions have been INR 123,587, and my total return has been INR 22,879,131.

Retirement accounts

Since my last update, my retirement accounts increased with INR 12,877 (2.9%).

Since I started tracking, my total contributions have been INR 7,360, and my total return is INR 1,487,391.




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

If I quit working today, my monthly pay out would be INR 18,313 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
18,313/month
(4.0% SWR)
16,024/month
(3.5% SWR)
13,735/month
(3.0% SWR)


When can I retire?

FI date

My age

37

I am currently aiming to save/invest approximately INR 400,000 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 4 years and 4 months, in , and at that time I will be 37 years old.

By that time I will have invested/saved another INR 36,800,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 17,705,996


Financial independence forecast