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Net worth update per


This is thrilledIcecream9's #37 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 33,302,730 and my FI portfolio increased to INR 29,512,608


Net worth

INR 33,302,730

Since the last update on my net worth has increased with INR 1,604,915 (+ 5.06 %).

FI portfolio

INR 29,512,608

Since the last update on my FI portfolio has increased with INR 1,194,751 (+ 4.22 %).

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 709,593 -132,173 577,420
Investments 26,076,591 +1,326,924 27,403,515
Retirement acc 1,531,673 0 1,531,673
Real estate 5,401,700 + 250,000 5,651,700
Other assets 1,312,796 + 10,164 1,322,960
Total assets 35,032,353 +1,454,915 36,487,268

Mortgage 3,334,538 -150,000 3,184,538
Other debt 0 0 0
Total debt 3,334,538 -150,000 3,184,538
Change
Cash 343,017 +234,403 577,420
Investments 22,212,142 +5,191,373 27,403,515
Retirement acc 1,421,972 +109,701 1,531,673
Real estate 3,001,700 + 2,650,000 5,651,700
Other assets 1,266,632 + 56,328 1,322,960
Total assets 28,245,463 +8,241,805 36,487,268

Mortgage 2,297,733 886,805 3,184,538
Other debt 0 0 0
Total debt 2,297,733 886,805 3,184,538
Change
Cash 400,000 +177,420 577,420
Investments 7,500,000 +19,903,515 27,403,515
Retirement acc 1,272,000 +259,673 1,531,673
Real estate 0 + 5,651,700 5,651,700
Other assets 772,421 + 550,539 1,322,960
Total assets 9,944,421 +26,542,847 36,487,268

Mortgage 0 3,184,538 3,184,538
Other debt 0 0 0
Total debt 0 + 3,184,538 3,184,538

I am now 98.4% on my way to achive my FIRE target of INR 30,000,000. This is 4.0 percentage points closer, compared to the last net worth update.

INR 29,512,608 FIRE target: INR 30,000,000


98.4%

FI portfolio

My FI portfolio now consists of INR 27,403,515 (92.9%) in investments, INR 1,531,673 (5.2%) in retirement accounts, and INR 577,420 (2.0%) in cash.

Investments

Since my last update, my investments increased with INR 1,326,924 (5.09%), of which INR 92,977 was from contributions, and INR -1,985,954 was from returns.

Since I started tracking, my total contributions have been INR 22,406,662, and my total return has been INR 12,973,051.

Retirement accounts

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

Since I started tracking, my total contributions have been INR 1,814,390, and my total return is INR -1,439,351.




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

If I quit working today, my monthly pay out would be INR 98,375 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
98,375/month
(4.0% SWR)
86,078/month
(3.5% SWR)
73,781/month
(3.0% SWR)


When can I retire?

FI date

My age

31

I am currently aiming to save/invest approximately INR 800,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 30,000,000 in -1 years and -4 months, in , and at that time I will be 31 years old.

By that time I will have invested/saved another INR 800,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR -312,608


Financial independence forecast