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Net worth update per


This is enragedCake2's #36 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 10,173,632 and my FI portfolio increased to INR 9,322,810


Net worth

INR 10,173,632

Since the last update on my net worth has increased with INR 124,122 (+ 1.24 %).

FI portfolio

INR 9,322,810

Since the last update on my FI portfolio has increased with INR 115,410 (+ 1.25 %).

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 1,100,000 0 1,100,000
Investments 7,368,777 +87,853 7,456,630
Retirement acc 738,623 +27,557 766,180
Real estate 0 0 0
Other assets 893,500 + 8,600 902,100
Total assets 10,100,900 +124,010 10,224,910

Mortgage 0 0 0
Other debt 51,390 -112 51,278
Total debt 51,390 -112 51,278
Change
Cash 1,100,000 0 1,100,000
Investments 6,132,012 +1,324,618 7,456,630
Retirement acc 620,352 +145,828 766,180
Real estate 0 0 0
Other assets 872,000 + 30,100 902,100
Total assets 8,724,364 +1,500,546 10,224,910

Mortgage 0 0 0
Other debt 0 + 51,278 51,278
Total debt 0 + 51,278 51,278
Change
Cash 1,190,877 -90,877 1,100,000
Investments 425,244 +7,031,386 7,456,630
Retirement acc 95,920 +670,260 766,180
Real estate 0 0 0
Other assets 1,610,039 -707,939 902,100
Total assets 3,322,080 +6,902,830 10,224,910

Mortgage 0 0 0
Other debt 0 + 51,278 51,278
Total debt 0 + 51,278 51,278

I am now 15.5% on my way to achive my FIRE target of INR 60,000,000. This is 0.2 percentage points closer, compared to the last net worth update.

INR 9,322,810 FIRE target: INR 60,000,000


15.5%

FI portfolio

My FI portfolio now consists of INR 7,456,630 (80.0%) in investments, INR 766,180 (8.2%) in retirement accounts, and INR 1,100,000 (11.8%) in cash.

Investments

Since my last update, my investments increased with INR 87,853 (1.19%).

Since I started tracking, my total contributions have been INR 123,587, and my total return has been INR 11,957,864.

Retirement accounts

Since my last update, my retirement accounts increased with INR 27,557 (3.73%).

Since I started tracking, my total contributions have been INR 7,360, and my total return is INR 853,692.




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

If I quit working today, my monthly pay out would be INR 31,076 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
31,076/month
(4.0% SWR)
27,191/month
(3.5% SWR)
23,307/month
(3.0% SWR)


When can I retire?

FI date

My age

41

I am currently aiming to save/invest approximately INR 180,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 60,000,000 in 10 years and 3 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another INR 24,120,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 26,557,190


Financial independence forecast