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Net worth update per


This is enragedCake2's #27 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 7,430,726 and my FI portfolio increased to INR 6,575,926


Net worth

INR 7,430,726

Since the last update on my net worth has increased with INR 1,086,222 (+ 17.12 %).

FI portfolio

INR 6,575,926

Since the last update on my FI portfolio has increased with INR 1,081,922 (+ 19.69 %).

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 972,723 +247,176 1,219,899
Investments 4,064,627 +826,461 4,891,088
Retirement acc 456,654 +8,285 464,939
Real estate 0 0 0
Other assets 850,500 + 4,300 854,800
Total assets 6,344,504 +1,086,222 7,430,726

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 82,000 +1,137,899 1,219,899
Investments 6,440,510 -1,549,422 4,891,088
Retirement acc 363,629 +101,310 464,939
Real estate 0 0 0
Other assets 1,966,110 -1,111,310 854,800
Total assets 8,852,249 -1,421,523 7,430,726

Mortgage 0 0 0
Other debt 347,635 -347,635 0
Total debt 347,635 -347,635 0
Change
Cash 1,190,877 +29,022 1,219,899
Investments 425,244 +4,465,844 4,891,088
Retirement acc 95,920 +369,019 464,939
Real estate 0 0 0
Other assets 1,610,039 -755,239 854,800
Total assets 3,322,080 +4,108,646 7,430,726

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

I am now 11.0% on my way to achive my FIRE target of INR 60,000,000. This is 1.8 percentage points closer, compared to the last net worth update.

INR 6,575,926 FIRE target: INR 60,000,000


11.0%

FI portfolio

My FI portfolio now consists of INR 4,891,088 (74.4%) in investments, INR 464,939 (7.1%) in retirement accounts, and INR 1,219,899 (18.6%) in cash.

Investments

Since my last update, my investments increased with INR 826,461 (20.33%).

Since I started tracking, my total contributions have been INR 123,587, and my total return has been INR 18,200,229.

Retirement accounts

Since my last update, my retirement accounts increased with INR 8,285 (1.81%).

Since I started tracking, my total contributions have been INR 7,360, and my total return is INR 1,277,329.




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

If I quit working today, my monthly pay out would be INR 21,919 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
21,919/month
(4.0% SWR)
19,179/month
(3.5% SWR)
16,439/month
(3.0% SWR)


When can I retire?

FI date

My age

36

I am currently aiming to save/invest approximately INR 480,000 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 3 years and 10 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another INR 37,920,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 15,504,074


Financial independence forecast