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Net worth update per


This is freebeforefriday's #18 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 1,492,464 and my FI portfolio decreased to USD 676,511


Net worth

USD 1,492,464

Since the last update on my net worth has increased with USD 556,252 (+ 59.42 %).

FI portfolio

USD 676,511

Since the last update on my FI portfolio has decreased with USD -114,206 ( -14.44 %).

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 36,956 -26,956 10,000
Investments 280,318 -108,121 172,197
Retirement acc 473,443 +20,871 494,314
Real estate 472,680 + 896,920 1,369,600
Other assets 166,605 + 119,110 285,715
Total assets 1,430,002 +901,824 2,331,826

Mortgage 386,024 433,338 819,362
Other debt 107,766 -87,766 20,000
Total debt 493,790 345,572 839,362
Change
Cash 36,956 -26,956 10,000
Investments 280,318 -108,121 172,197
Retirement acc 473,443 +20,871 494,314
Real estate 472,680 + 896,920 1,369,600
Other assets 166,605 + 119,110 285,715
Total assets 1,430,002 +901,824 2,331,826

Mortgage 386,024 433,338 819,362
Other debt 107,766 -87,766 20,000
Total debt 493,790 345,572 839,362
Change
Cash 4,000 +6,000 10,000
Investments 186,290 -14,093 172,197
Retirement acc 291,463 +202,851 494,314
Real estate 275,000 + 1,094,600 1,369,600
Other assets 100,600 + 185,115 285,715
Total assets 857,353 +1,474,473 2,331,826

Mortgage 98,175 721,187 819,362
Other debt 50,000 -30,000 20,000
Total debt 148,175 + 691,187 839,362

I am now 45.1% on my way to achive my FIRE target of USD 1,500,000. This is -7.6 percentage points closer, compared to the last net worth update.

USD 676,511 FIRE target: USD 1,500,000


45.1%

FI portfolio

My FI portfolio now consists of USD 172,197 (25.5%) in investments, USD 494,314 (73.1%) in retirement accounts, and USD 10,000 (1.5%) in cash.

Investments

Since my last update, my investments decreased with USD -108,121 (-38.57%).

Retirement accounts

Since my last update, my retirement accounts increased with USD 20,871 (4.41%).




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

If I quit working today, my monthly pay out would be USD 2,255 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
2,255/month
(4.0% SWR)
1,973/month
(3.5% SWR)
1,691/month
(3.0% SWR)


When can I retire?

FI date

My age

40

I am currently aiming to save/invest approximately USD 2,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 1,500,000 in 6 years and 4 months, in , and at that time I will be 40 years old.

By that time I will have invested/saved another USD 206,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 617,489


Financial independence forecast