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Net worth update per


This is thrilledIcecream9's #47 net worth update. Please check out my profile here for more information. As of , my net worth decreased to INR 53,368,126 and my FI portfolio decreased to INR 48,065,651


Net worth

INR 53,368,126

Since the last update on my net worth has decreased with INR -636,287 ( -1.18 %).

FI portfolio

INR 48,065,651

Since the last update on my FI portfolio has decreased with INR -686,287 ( -1.41 %).

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 773,943 +871,979 1,645,922
Investments 46,330,956 -1,558,266 44,772,690
Retirement acc 1,647,039 0 1,647,039
Real estate 8,009,925 0 8,009,925
Other assets 1,713,124 0 1,713,124
Total assets 58,474,987 -686,287 57,788,700

Mortgage 4,470,574 -50,000 4,420,574
Other debt 0 0 0
Total debt 4,470,574 -50,000 4,420,574
Change
Cash 524,712 +1,121,210 1,645,922
Investments 29,901,327 +14,871,363 44,772,690
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 +18,406,328 57,788,700

Mortgage 3,084,626 1,335,948 4,420,574
Other debt 0 0 0
Total debt 3,084,626 1,335,948 4,420,574
Change
Cash 400,000 +1,245,922 1,645,922
Investments 7,500,000 +37,272,690 44,772,690
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 +47,844,279 57,788,700

Mortgage 0 4,420,574 4,420,574
Other debt 0 0 0
Total debt 0 + 4,420,574 4,420,574

I am now 80.1% on my way to achive my FIRE target of INR 60,000,000. This is -1.1 percentage points closer, compared to the last net worth update.

INR 48,065,651 FIRE target: INR 60,000,000


80.1%

FI portfolio

My FI portfolio now consists of INR 44,772,690 (93.1%) in investments, INR 1,647,039 (3.4%) in retirement accounts, and INR 1,645,922 (3.4%) in cash.

Investments

Since my last update, my investments decreased with INR -1,558,266 (-3.36%), 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 160,218 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
160,218/month
(4.0% SWR)
140,191/month
(3.5% SWR)
120,164/month
(3.0% SWR)


When can I retire?

FI date

My age

33

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 -10 months, in , and at that time I will be 33 years old.

By that time I will have invested/saved another INR 8,000,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 3,934,349


Financial independence forecast