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Net worth update per


This is enragedCake2's #2 net worth update. Please check out my profile here for more information. As of , my net worth decreased to INR 3,284,601 and my FI portfolio decreased to INR 1,674,562


Net worth

INR 3,284,601

Since the last update on my net worth has decreased with INR -37,479 ( -1.13 %).

FI portfolio

INR 1,674,562

Since the last update on my FI portfolio has decreased with INR -37,479 ( -2.19 %).

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 1,190,877 -56,945 1,133,932
Investments 425,244 +25,634 450,878
Retirement acc 95,920 -6,168 89,752
Real estate 0 0 0
Other assets 1,610,039 0 1,610,039
Total assets 3,322,080 -37,479 3,284,601

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 1,190,877 -56,945 1,133,932
Investments 425,244 +25,634 450,878
Retirement acc 95,920 -6,168 89,752
Real estate 0 0 0
Other assets 1,610,039 0 1,610,039
Total assets 3,322,080 -37,479 3,284,601

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 1,190,877 -56,945 1,133,932
Investments 425,244 +25,634 450,878
Retirement acc 95,920 -6,168 89,752
Real estate 0 0 0
Other assets 1,610,039 0 1,610,039
Total assets 3,322,080 -37,479 3,284,601

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

I am now 2.8% on my way to achive my FIRE target of INR 60,000,000. This is -0.1 percentage points closer, compared to the last net worth update.

INR 1,674,562 FIRE target: INR 60,000,000


2.8%

FI portfolio

My FI portfolio now consists of INR 450,878 (26.9%) in investments, INR 89,752 (5.4%) in retirement accounts, and INR 1,133,932 (67.7%) in cash.

Investments

Since my last update, my investments increased with INR 25,634 (6.03%).

Since I started tracking, my total contributions have been INR 123,587, and my total return has been INR 20,485,040.

Retirement accounts

Since my last update, my retirement accounts decreased with INR -6,168 (-6.43%).

Since I started tracking, my total contributions have been INR 7,360, and my total return is INR 1,389,251.




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

If I quit working today, my monthly pay out would be INR 5,581 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
5,581/month
(4.0% SWR)
4,884/month
(3.5% SWR)
4,186/month
(3.0% SWR)


When can I retire?

FI date

My age

35

I am currently aiming to save/invest approximately INR 400,000 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 2 years and 9 months, in , and at that time I will be 35 years old.

By that time I will have invested/saved another INR 40,400,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 17,925,438


Financial independence forecast