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This is FIREUrBOSS's #50 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 15,057,086 and my FI portfolio increased to INR 15,035,829


Net worth

INR 15,057,086

Since the last update on my net worth has increased with INR 720,661 (+ 5.03 %).

FI portfolio

INR 15,035,829

Since the last update on my FI portfolio has increased with INR 710,869 (+ 4.96 %).

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 963,735 +50,271 1,014,006
Investments 9,246,665 +467,889 9,714,554
Retirement acc 4,114,560 +192,709 4,307,269
Real estate 0 0 0
Other assets 11,465 + 9,792 21,257
Total assets 14,336,425 +720,661 15,057,086

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 440,903 +573,103 1,014,006
Investments 7,396,653 +2,317,901 9,714,554
Retirement acc 3,245,383 +1,061,886 4,307,269
Real estate 0 0 0
Other assets 41,457 -20,200 21,257
Total assets 11,124,396 +3,932,690 15,057,086

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 22,261 +991,745 1,014,006
Investments 2,564,666 +7,149,888 9,714,554
Retirement acc 1,791,656 +2,515,613 4,307,269
Real estate 0 0 0
Other assets 34,000 -12,743 21,257
Total assets 4,412,583 +10,644,503 15,057,086

Mortgage 0 0 0
Other debt 400,000 -400,000 0
Total debt 400,000 -400,000 0

I am now 21.5% on my way to achive my FIRE target of INR 70,000,000. This is 1.0 percentage points closer, compared to the last net worth update.

INR 15,035,829 FIRE target: INR 70,000,000


21.5%

FI portfolio

My FI portfolio now consists of INR 9,714,554 (64.6%) in investments, INR 4,307,269 (28.6%) in retirement accounts, and INR 1,014,006 (6.7%) in cash.

Investments

Since my last update, my investments increased with INR 467,889 (5.06%), of which INR 175,000 was from contributions, and INR -221,657 was from returns.

Since I started tracking, my total contributions have been INR 4,428,954, and my total return has been INR 6,580,477.

Retirement accounts

Since my last update, my retirement accounts increased with INR 192,709 (4.68%).

Since I started tracking, my total contributions have been INR 29,436, and my total return is INR 2,769,081.




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

If I quit working today, my monthly pay out would be INR 50,119 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
50,119/month
(4.0% SWR)
43,854/month
(3.5% SWR)
37,589/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately INR 175,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 70,000,000 in 10 years and 2 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another INR 24,325,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 30,639,171


Financial independence forecast