Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is enragedCake2's #43 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 14,642,602 and my FI portfolio increased to INR 14,263,667


Net worth

INR 14,642,602

Since the last update on my net worth has increased with INR 259,035 (+ 1.8 %).

FI portfolio

INR 14,263,667

Since the last update on my FI portfolio has increased with INR 859,035 (+ 6.41 %).

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 233,732 +566,268 800,000
Investments 12,224,808 +281,887 12,506,695
Retirement acc 946,092 +10,880 956,972
Real estate 0 0 0
Other assets 978,935 -600,000 378,935
Total assets 14,383,567 +259,035 14,642,602

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 1,217,506 -417,506 800,000
Investments 10,189,307 +2,317,388 12,506,695
Retirement acc 949,162 +7,810 956,972
Real estate 0 0 0
Other assets 923,600 -544,665 378,935
Total assets 13,279,575 +1,363,027 14,642,602

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 1,190,877 -390,877 800,000
Investments 425,244 +12,081,451 12,506,695
Retirement acc 95,920 +861,052 956,972
Real estate 0 0 0
Other assets 1,610,039 -1,231,104 378,935
Total assets 3,322,080 +11,320,522 14,642,602

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 23.8% on my way to achive my FIRE target of INR 60,000,000. This is 1.4 percentage points closer, compared to the last net worth update.

INR 14,263,667 FIRE target: INR 60,000,000


23.8%

FI portfolio

My FI portfolio now consists of INR 12,506,695 (87.7%) in investments, INR 956,972 (6.7%) in retirement accounts, and INR 800,000 (5.6%) in cash.

Investments

Since my last update, my investments increased with INR 281,887 (2.31%).

Since I started tracking, my total contributions have been INR 123,587, and my total return has been INR 11,957,864.

Retirement accounts

Since my last update, my retirement accounts increased with INR 10,880 (1.15%).

Since I started tracking, my total contributions have been INR 7,360, and my total return is INR 853,692.




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

If I quit working today, my monthly pay out would be INR 47,545 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
47,545/month
(4.0% SWR)
41,602/month
(3.5% SWR)
35,659/month
(3.0% SWR)


When can I retire?

FI date

My age

41

I am currently aiming to save/invest approximately INR 180,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 60,000,000 in 9 years and 5 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another INR 20,520,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 25,216,333


Financial independence forecast