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Net worth update per


This is Burner_For_Fire's #8 net worth update. Please check out my profile here for more information. As of , my net worth decreased to USD 829,264 and my FI portfolio decreased to USD 504,272


Net worth

USD 829,264

Since the last update on my net worth has decreased with USD -46,304 ( -5.29 %).

FI portfolio

USD 504,272

Since the last update on my FI portfolio has decreased with USD -70,092 ( -12.2 %).

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 70,244 -20,236 50,008
Investments 55,644 -10,438 45,206
Retirement acc 448,476 -39,418 409,058
Real estate 495,429 + 24,912 520,341
Other assets 38,252 -3,698 34,554
Total assets 1,108,045 -48,878 1,059,167

Mortgage 232,477 -2,574 229,903
Other debt 0 0 0
Total debt 232,477 -2,574 229,903
Change
Cash 61,953 -11,945 50,008
Investments 58,031 -12,825 45,206
Retirement acc 480,756 -71,698 409,058
Real estate 440,000 + 80,341 520,341
Other assets 40,573 -6,019 34,554
Total assets 1,081,313 -22,146 1,059,167

Mortgage 235,000 -5,097 229,903
Other debt 0 0 0
Total debt 235,000 -5,097 229,903
Change
Cash 58,000 -7,992 50,008
Investments 48,000 -2,794 45,206
Retirement acc 473,000 -63,942 409,058
Real estate 420,000 + 100,341 520,341
Other assets 0 + 34,554 34,554
Total assets 999,000 +60,167 1,059,167

Mortgage 237,000 -7,097 229,903
Other debt 0 0 0
Total debt 237,000 -7,097 229,903

I am now 10.1% on my way to achive my FIRE target of USD 5,000,000. This is -1.4 percentage points closer, compared to the last net worth update.

USD 504,272 FIRE target: USD 5,000,000


10.1%

FI portfolio

My FI portfolio now consists of USD 45,206 (9.0%) in investments, USD 409,058 (81.1%) in retirement accounts, and USD 50,008 (9.9%) in cash.

Investments

Since my last update, my investments decreased with USD -10,438 (-18.76%).

Since I started tracking, my total contributions have been USD 8,422, and my total return has been USD 1,226.

Retirement accounts

Since my last update, my retirement accounts decreased with USD -39,418 (-8.79%), of which USD 8,000 was from contributions , and USD 23,742 was from returns.

Since I started tracking, my total contributions have been USD 31,563, and my total return is USD -63,763.




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

If I quit working today, my monthly pay out would be USD 1,680 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
1,680/month
(4.0% SWR)
1,470/month
(3.5% SWR)
1,260/month
(3.0% SWR)


When can I retire?

FI date

My age

55

I am currently aiming to save/invest approximately USD 4,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 5,000,000 in 19 years and 1 months, in , and at that time I will be 55 years old.

By that time I will have invested/saved another USD 996,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 3,499,728


Financial independence forecast