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Net worth update per


This is thrilledIcecream9's #45 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 51,937,198 and my FI portfolio increased to INR 46,734,723


Net worth

INR 51,937,198

Since the last update on my net worth has increased with INR 3,043,804 (+ 6.23 %).

FI portfolio

INR 46,734,723

Since the last update on my FI portfolio has increased with INR 3,028,804 (+ 6.93 %).

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 562,119 -66,579 495,540
Investments 41,496,761 +3,095,383 44,592,144
Retirement acc 1,647,039 0 1,647,039
Real estate 8,009,925 0 8,009,925
Other assets 1,648,124 + 65,000 1,713,124
Total assets 53,363,968 +3,093,804 56,457,772

Mortgage 4,470,574 50,000 4,520,574
Other debt 0 0 0
Total debt 4,470,574 50,000 4,520,574
Change
Cash 524,712 -29,172 495,540
Investments 29,901,327 +14,690,817 44,592,144
Retirement acc 1,531,673 +115,366 1,647,039
Real estate 5,901,700 + 2,108,225 8,009,925
Other assets 1,522,960 + 190,164 1,713,124
Total assets 39,382,372 +17,075,400 56,457,772

Mortgage 3,084,626 1,435,948 4,520,574
Other debt 0 0 0
Total debt 3,084,626 1,435,948 4,520,574
Change
Cash 400,000 +95,540 495,540
Investments 7,500,000 +37,092,144 44,592,144
Retirement acc 1,272,000 +375,039 1,647,039
Real estate 0 + 8,009,925 8,009,925
Other assets 772,421 + 940,703 1,713,124
Total assets 9,944,421 +46,513,351 56,457,772

Mortgage 0 4,520,574 4,520,574
Other debt 0 0 0
Total debt 0 + 4,520,574 4,520,574

I am now 77.9% on my way to achive my FIRE target of INR 60,000,000. This is 5.0 percentage points closer, compared to the last net worth update.

INR 46,734,723 FIRE target: INR 60,000,000


77.9%

FI portfolio

My FI portfolio now consists of INR 44,592,144 (95.4%) in investments, INR 1,647,039 (3.5%) in retirement accounts, and INR 495,540 (1.1%) in cash.

Investments

Since my last update, my investments increased with INR 3,095,383 (7.46%), of which INR 529,217 was from contributions, and INR -782,968 was from returns.

Since I started tracking, my total contributions have been INR 34,683,589, and my total return has been INR 14,292,671.

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 -1,313,260.




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

If I quit working today, my monthly pay out would be INR 155,782 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
155,782/month
(4.0% SWR)
136,309/month
(3.5% SWR)
116,836/month
(3.0% SWR)


When can I retire?

FI date

My age

32

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 60,000,000 in 0 years and -11 months, in , and at that time I will be 32 years old.

By that time I will have invested/saved another INR 8,800,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 4,465,277


Financial independence forecast