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Net worth update per February 29th 2024


This is unpo's #34 net worth update. Please check out my profile here for more information. As of February 29th 2024, my net worth increased to USD 1,253,559 and my FI portfolio increased to USD 975,734


Net worth

USD 1,253,559

Since the last update on January 31st 2024 my net worth has increased with USD 57,645 (+ 4.82 %).

FI portfolio

USD 975,734

Since the last update on January 31st 2024 my FI portfolio has increased with USD 49,568 (+ 5.35 %).

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 USD.
31 Jan 24 Change 29 Feb 24
Cash 184,048 +3,948 187,996
Investments 287,931 +10,113 298,044
Retirement acc 454,187 +35,507 489,694
Real estate 565,505 + 8,606 574,111
Other assets 63,207 -1,257 61,950
Total assets 1,554,878 +56,917 1,611,795

Mortgage 358,964 -728 358,236
Other debt 0 0 0
Total debt 358,964 -728 358,236
30 Dec 23 Change 29 Feb 24
Cash 211,702 -23,706 187,996
Investments 253,821 +44,223 298,044
Retirement acc 442,235 +47,459 489,694
Real estate 557,150 + 16,961 574,111
Other assets 64,372 -2,422 61,950
Total assets 1,529,280 +82,515 1,611,795

Mortgage 359,690 -1,454 358,236
Other debt 0 0 0
Total debt 359,690 -1,454 358,236
1 Jun 21 Change 29 Feb 24
Cash 71,900 +116,096 187,996
Investments 33,915 +264,129 298,044
Retirement acc 185,919 +303,775 489,694
Real estate 484,198 + 89,913 574,111
Other assets 46,455 + 15,495 61,950
Total assets 822,387 +789,408 1,611,795

Mortgage 381,357 -23,121 358,236
Other debt 168,776 -168,776 0
Total debt 550,133 -191,897 358,236

I am now 39.0% on my way to achive my FIRE target of USD 2,500,000. This is 2.0 percentage points closer, compared to the last net worth update.

USD 975,734 FIRE target: USD 2,500,000


39.0%

FI portfolio

My FI portfolio now consists of USD 298,044 (30.5%) in investments, USD 489,694 (50.2%) in retirement accounts, and USD 187,996 (19.3%) in cash.

Investments

Since my last update, my investments increased with USD 10,113 (3.51%).

Since I started tracking, my total contributions have been USD 152,700, and my total return has been USD 220,425.

Retirement accounts

Since my last update, my retirement accounts increased with USD 35,507 (7.82%), of which USD 8,340 was from contributions , and USD 29,213 was from returns.

Since I started tracking, my total contributions have been USD 333,405, and my total return is USD 186,595.




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

If I quit working today, my monthly pay out would be USD 3,252 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
3,252/month
(4.0% SWR)
2,845/month
(3.5% SWR)
2,439/month
(3.0% SWR)


When can I retire?

FI date

January 2030

My age

43

I am currently aiming to save/invest approximately USD 9,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 2,500,000 in 4 years and 7 months, in January 2030, and at that time I will be 43 years old.

By that time I will have invested/saved another USD 639,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 885,266


Financial independence forecast