This is my #2 net worth update. Please check out my profile here for more information. As of 2019-11-30T00:00:00Z, my net worth increased to INR 9,500,000 and my FI portfolio increased to INR 9,500,000
I am now 31.7% on my way to achive my FIRE target of INR 30,000,000. This is 1.1 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of INR 7,800,000 (82.1%) in investments, INR 1,300,000 (13.7%) in retirement accounts, and INR 400,000 (4.2%) in cash.
Since my last update, my investments increased with INR 300,000 (4.0%).
Since my last update, my retirement accounts increased with INR 28,000 (2.2%).
If I quit working today, my monthly pay out would be INR 31,666 for the rest of my life.
I am currently aiming to save/invest
approximately INR 350,000
Assuming an annual return of 12% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 30,000,000 in 3 years and 1 months, in 2023-02-28T00:00:00Z, and at that time I will be 31 years old.
By that time I will have invested/saved another INR 13,650,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 6,850,000