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Net worth update per


This is Copiii1's #2 net worth update. Please check out my profile here for more information. As of , my net worth decreased to USD 739,000 and my FI portfolio decreased to USD 219,000


Net worth

USD 739,000

Since the last update on my net worth has decreased with USD -110,000 ( -12.96 %).

FI portfolio

USD 219,000

Since the last update on my FI portfolio has decreased with USD -20,000 ( -8.37 %).

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 25,000 0 25,000
Investments 44,000 -20,000 24,000
Retirement acc 170,000 0 170,000
Real estate 500,000 0 500,000
Other assets 110,000 -90,000 20,000
Total assets 849,000 -110,000 739,000

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 25,000 0 25,000
Investments 44,000 -20,000 24,000
Retirement acc 170,000 0 170,000
Real estate 500,000 0 500,000
Other assets 110,000 -90,000 20,000
Total assets 849,000 -110,000 739,000

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 25,000 0 25,000
Investments 44,000 -20,000 24,000
Retirement acc 170,000 0 170,000
Real estate 500,000 0 500,000
Other assets 110,000 -90,000 20,000
Total assets 849,000 -110,000 739,000

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

I am now 14.6% on my way to achive my FIRE target of USD 1,500,000. This is -1.3 percentage points closer, compared to the last net worth update.

USD 219,000 FIRE target: USD 1,500,000


14.6%

FI portfolio

My FI portfolio now consists of USD 24,000 (11.0%) in investments, USD 170,000 (77.6%) in retirement accounts, and USD 25,000 (11.4%) in cash.

Investments

Since my last update, my investments decreased with USD -20,000 (-45.45%).

Retirement accounts

Since my last update, my retirement accounts decreased with USD 0 (0.0%).




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

If I quit working today, my monthly pay out would be USD 730 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
730/month
(4.0% SWR)
638/month
(3.5% SWR)
547/month
(3.0% SWR)


When can I retire?

FI date

My age

52

I am currently aiming to save/invest approximately USD 1,900 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 1,500,000 in 12 years and 7 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another USD 319,200, while the rest will be return on my existing FI portfolio and the new investments, in total USD 961,800


Financial independence forecast