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Net worth update per


This is harpic's #5 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 1,640,500 and my FI portfolio increased to INR 1,660,500


Net worth

INR 1,640,500

Since the last update on my net worth has increased with INR 130,500 (+ 8.64 %).

FI portfolio

INR 1,660,500

Since the last update on my FI portfolio has increased with INR 150,500 (+ 9.97 %).

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 1,010,000 -20,000 990,000
Investments 500,000 +134,000 634,000
Retirement acc 0 +36,500 36,500
Real estate 0 0 0
Other assets 0 0 0
Total assets 1,510,000 +150,500 1,660,500

Mortgage 0 0 0
Other debt 0 + 20,000 20,000
Total debt 0 + 20,000 20,000
Change
Cash 810,000 +180,000 990,000
Investments 435,000 +199,000 634,000
Retirement acc 0 +36,500 36,500
Real estate 0 0 0
Other assets 0 0 0
Total assets 1,245,000 +415,500 1,660,500

Mortgage 0 0 0
Other debt 0 + 20,000 20,000
Total debt 0 + 20,000 20,000
Change
Cash 610,000 +380,000 990,000
Investments 210,000 +424,000 634,000
Retirement acc 0 +36,500 36,500
Real estate 0 0 0
Other assets 0 0 0
Total assets 820,000 +840,500 1,660,500

Mortgage 0 0 0
Other debt 0 + 20,000 20,000
Total debt 0 + 20,000 20,000

I am now 0.8% on my way to achive my FIRE target of INR 200,000,000. This is 0.1 percentage points closer, compared to the last net worth update.

INR 1,660,500 FIRE target: INR 200,000,000


0.8%

FI portfolio

My FI portfolio now consists of INR 634,000 (38.2%) in investments, INR 36,500 (2.2%) in retirement accounts, and INR 990,000 (59.6%) in cash.

Investments

Since my last update, my investments increased with INR 134,000 (26.8%), of which INR 315,000 was from contributions, and INR 0 was from returns.

Since I started tracking, my total contributions have been INR 1,180,000, and my total return has been INR 2,775,000.

Retirement accounts

Since my last update, my retirement accounts increased with INR 36,500 (100%).

Since I started tracking, my total contributions have been INR 37,000, and my total return is INR -37,000.




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

If I quit working today, my monthly pay out would be INR 5,535 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
5,535/month
(4.0% SWR)
4,843/month
(3.5% SWR)
4,151/month
(3.0% SWR)


When can I retire?

FI date

My age

41

I am currently aiming to save/invest approximately INR 300,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 200,000,000 in 17 years and 4 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another INR 66,900,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 131,439,500


Financial independence forecast