Net worth update per



This is my #4 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 4,848,362 and my FI portfolio increased to INR 5,230,349


Net worth

INR 4,848,362

Since the last update on my net worth has increased with INR 176,316 (+ 3.77 %).

FI portfolio

INR 5,230,349

Since the last update on my FI portfolio has increased with INR 180,097 (+ 3.57 %).

Net worth
FI portfolio

The changes for each asset class compared to the previous reporting () is shown in the table below. All numbers are in INR.
Previous Change Current
Cash 100,408 +7,798 108,206
Investments 2,973,912 +78,687 3,052,599
Retirement acc 1,975,932 +93,612 2,069,544
Real estate 0 0 0
Other assets 35,791 + 43 35,834
Total assets 5,086,043 +180,140 5,266,183

Mortgage 0 0 0
Other debt 413,997 + 3,824 417,821
Total debt 413,997 + 3,824 417,821

I am now 7.5% on my way to achive my FIRE target of INR 70,000,000. This is 0.3 percentage points closer, compared to the last net worth update.

INR 5,230,349 FIRE target: INR 70,000,000


7.5%

FI portfolio


My FI portfolio now consists of INR 3,052,599 (58.4%) in investments, INR 2,069,544 (39.6%) in retirement accounts, and INR 108,206 (2.1%) in cash.

Investments

Since my last update, my investments increased with INR 78,687 (2.65%).

Retirement accounts

Since my last update, my retirement accounts increased with INR 93,612 (4.74%).




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


If I quit working today, my monthly pay out would be INR 17,434 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
17,434/month
(4.0% SWR)
15,255/month
(3.5% SWR)
13,075/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately INR 89,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 70,000,000 in 16 years and 3 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another INR 17,444,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 47,325,651


Financial independence forecast