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Net worth update per December 21st 2022


This is Falco's #371 net worth update. Please check out my profile here for more information. As of December 21st 2022, my net worth decreased to USD 240,468 and my FI portfolio decreased to USD 240,468


Net worth

USD 240,468

Since the last update on December 13th 2022 my net worth has decreased with USD -7,817 ( -3.15 %).

FI portfolio

USD 240,468

Since the last update on December 13th 2022 my FI portfolio has decreased with USD -7,817 ( -3.15 %).

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.
13 Dec 22 Change 21 Dec 22
Cash 10,369 +594 10,963
Investments 63,932 -2,384 61,548
Retirement acc 173,984 -6,027 167,957
Real estate 0 0 0
Other assets 0 0 0
Total assets 248,285 -7,817 240,468

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
31 Dec 21 Change 21 Dec 22
Cash 10,638 +325 10,963
Investments 73,810 -12,262 61,548
Retirement acc 199,896 -31,939 167,957
Real estate 0 0 0
Other assets 0 0 0
Total assets 284,344 -43,876 240,468

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
17 Sep 20 Change 21 Dec 22
Cash 20,502 -9,539 10,963
Investments 22,774 +38,774 61,548
Retirement acc 141,441 +26,516 167,957
Real estate 0 0 0
Other assets 0 0 0
Total assets 184,717 +55,751 240,468

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

I am now 48.1% on my way to achive my FIRE target of USD 500,000. This is -1.6 percentage points closer, compared to the last net worth update.

USD 240,468 FIRE target: USD 500,000


48.1%

FI portfolio

My FI portfolio now consists of USD 61,548 (25.6%) in investments, USD 167,957 (69.8%) in retirement accounts, and USD 10,963 (4.6%) in cash.

Investments

Since my last update, my investments decreased with USD -2,384 (-3.73%), of which USD 100 was from contributions, and USD 50 was from returns.

Since I started tracking, my total contributions have been USD 54,293, and my total return has been USD 20,728.

Retirement accounts

Since my last update, my retirement accounts decreased with USD -6,027 (-3.46%), of which USD 135 was from contributions , and USD -95 was from returns.

Since I started tracking, my total contributions have been USD 27,636, and my total return is USD 114,453.




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

If I quit working today, my monthly pay out would be USD 801 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
801/month
(4.0% SWR)
701/month
(3.5% SWR)
601/month
(3.0% SWR)


When can I retire?

FI date

April 2029

My age

46

I am currently aiming to save/invest approximately USD 1,400 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 500,000 in 3 years and 10 months, in April 2029, and at that time I will be 46 years old.

By that time I will have invested/saved another USD 106,400, while the rest will be return on my existing FI portfolio and the new investments, in total USD 153,132


Financial independence forecast