Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is enragedCake2's #30 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 8,489,929 and my FI portfolio increased to INR 7,626,529


Net worth

INR 8,489,929

Since the last update on my net worth has increased with INR 613,458 (+ 7.79 %).

FI portfolio

INR 7,626,529

Since the last update on my FI portfolio has increased with INR 613,458 (+ 8.75 %).

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 0 1,100,000
Investments 5,322,059 +609,269 5,931,328
Retirement acc 591,012 +4,189 595,201
Real estate 0 0 0
Other assets 863,400 0 863,400
Total assets 7,876,471 +613,458 8,489,929

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 82,000 +1,018,000 1,100,000
Investments 6,440,510 -509,182 5,931,328
Retirement acc 363,629 +231,572 595,201
Real estate 0 0 0
Other assets 1,966,110 -1,102,710 863,400
Total assets 8,852,249 -362,320 8,489,929

Mortgage 0 0 0
Other debt 347,635 -347,635 0
Total debt 347,635 -347,635 0
Change
Cash 1,190,877 -90,877 1,100,000
Investments 425,244 +5,506,084 5,931,328
Retirement acc 95,920 +499,281 595,201
Real estate 0 0 0
Other assets 1,610,039 -746,639 863,400
Total assets 3,322,080 +5,167,849 8,489,929

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

I am now 12.7% on my way to achive my FIRE target of INR 60,000,000. This is 1.0 percentage points closer, compared to the last net worth update.

INR 7,626,529 FIRE target: INR 60,000,000


12.7%

FI portfolio

My FI portfolio now consists of INR 5,931,328 (77.8%) in investments, INR 595,201 (7.8%) in retirement accounts, and INR 1,100,000 (14.4%) in cash.

Investments

Since my last update, my investments increased with INR 609,269 (11.45%).

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 4,189 (0.71%).

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 25,421 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
25,421/month
(4.0% SWR)
22,244/month
(3.5% SWR)
19,066/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 36,960,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 15,413,471


Financial independence forecast