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Net worth update per May 5th 2024


This is mudpie's #13 net worth update. Please check out my profile here for more information. As of May 5th 2024, my net worth increased to CHF 1,446,421 and my FI portfolio increased to CHF 1,186,164


Net worth

CHF 1,446,421

Since the last update on April 1st 2024 my net worth has increased with CHF 6,222 (+ 0.43 %).

FI portfolio

CHF 1,186,164

Since the last update on April 1st 2024 my FI portfolio has increased with CHF 6,222 (+ 0.53 %).

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 CHF.
1 Apr 24 Change 5 May 24
Cash 88,062 -22,075 65,987
Investments 816,911 +17,852 834,763
Retirement acc 274,969 +10,445 285,414
Real estate 255,257 0 255,257
Other assets 5,000 0 5,000
Total assets 1,440,199 +6,222 1,446,421

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
17 Dec 23 Change 5 May 24
Cash 74,371 -8,384 65,987
Investments 684,315 +150,448 834,763
Retirement acc 244,174 +41,240 285,414
Real estate 255,257 0 255,257
Other assets 5,000 0 5,000
Total assets 1,263,117 +183,304 1,446,421

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
25 Feb 23 Change 5 May 24
Cash 44,016 +21,971 65,987
Investments 582,494 +252,269 834,763
Retirement acc 156,559 +128,855 285,414
Real estate 248,217 + 7,040 255,257
Other assets 5,000 0 5,000
Total assets 1,036,286 +410,135 1,446,421

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

I am now 118.6% on my way to achive my FIRE target of CHF 1,000,000. This is 0.6 percentage points closer, compared to the last net worth update.

CHF 1,186,164 FIRE target: CHF 1,000,000


118.6%

FI portfolio

My FI portfolio now consists of CHF 834,763 (70.4%) in investments, CHF 285,414 (24.1%) in retirement accounts, and CHF 65,987 (5.6%) in cash.

Investments

Since my last update, my investments increased with CHF 17,852 (2.19%).

Since I started tracking, my total contributions have been CHF 1,346, and my total return has been CHF 394,899.

Retirement accounts

Since my last update, my retirement accounts increased with CHF 10,445 (3.8%).

Since I started tracking, my total contributions have been CHF 2,095, and my total return is CHF 205,451.




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

If I quit working today, my monthly pay out would be CHF 3,953 for the rest of my life.


Monthly SWR amount
Retire today with (CHF)
3,953/month
(4.0% SWR)
3,459/month
(3.5% SWR)
2,965/month
(3.0% SWR)


When can I retire?

FI date

June 2024

My age

41

I am currently aiming to save/invest approximately CHF 13,750 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of CHF 1,000,000 in -1 years and 0 months, in June 2024, and at that time I will be 41 years old.

By that time I will have invested/saved another CHF 13,750, while the rest will be return on my existing FI portfolio and the new investments, in total CHF -199,914


Financial independence forecast