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This is FIREUrBOSS's #53 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 16,422,513 and my FI portfolio increased to INR 16,411,880


Net worth

INR 16,422,513

Since the last update on my net worth has increased with INR 546,367 (+ 3.44 %).

FI portfolio

INR 16,411,880

Since the last update on my FI portfolio has increased with INR 509,198 (+ 3.2 %).

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 1,001,861 +2,247 1,004,108
Investments 10,354,116 +425,624 10,779,740
Retirement acc 4,546,705 +81,327 4,628,032
Real estate 0 0 0
Other assets 20,841 -10,208 10,633
Total assets 15,923,523 +498,990 16,422,513

Mortgage 0 0 0
Other debt 47,377 -47,377 0
Total debt 47,377 -47,377 0
Change
Cash 1,014,006 -9,898 1,004,108
Investments 9,714,554 +1,065,186 10,779,740
Retirement acc 4,307,269 +320,763 4,628,032
Real estate 0 0 0
Other assets 21,257 -10,624 10,633
Total assets 15,057,086 +1,365,427 16,422,513

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 22,261 +981,847 1,004,108
Investments 2,564,666 +8,215,074 10,779,740
Retirement acc 1,791,656 +2,836,376 4,628,032
Real estate 0 0 0
Other assets 34,000 -23,367 10,633
Total assets 4,412,583 +12,009,930 16,422,513

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

I am now 23.4% on my way to achive my FIRE target of INR 70,000,000. This is 0.7 percentage points closer, compared to the last net worth update.

INR 16,411,880 FIRE target: INR 70,000,000


23.4%

FI portfolio

My FI portfolio now consists of INR 10,779,740 (65.7%) in investments, INR 4,628,032 (28.2%) in retirement accounts, and INR 1,004,108 (6.1%) in cash.

Investments

Since my last update, my investments increased with INR 425,624 (4.11%), 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 81,327 (1.79%).

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 54,706 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
54,706/month
(4.0% SWR)
47,867/month
(3.5% SWR)
41,029/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 1 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another INR 23,450,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 30,138,120


Financial independence forecast