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This is FIREUrBOSS's #55 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 17,564,696 and my FI portfolio increased to INR 17,579,528


Net worth

INR 17,564,696

Since the last update on my net worth has increased with INR 922,464 (+ 5.54 %).

FI portfolio

INR 17,579,528

Since the last update on my FI portfolio has increased with INR 901,261 (+ 5.4 %).

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 1,026,966 +509,745 1,536,711
Investments 10,968,663 +306,275 11,274,938
Retirement acc 4,682,638 +85,241 4,767,879
Real estate 0 0 0
Other assets 10,941 0 10,941
Total assets 16,689,208 +901,261 17,590,469

Mortgage 0 0 0
Other debt 46,976 -21,203 25,773
Total debt 46,976 -21,203 25,773
Change
Cash 1,014,006 +522,705 1,536,711
Investments 9,714,554 +1,560,384 11,274,938
Retirement acc 4,307,269 +460,610 4,767,879
Real estate 0 0 0
Other assets 21,257 -10,316 10,941
Total assets 15,057,086 +2,533,383 17,590,469

Mortgage 0 0 0
Other debt 0 + 25,773 25,773
Total debt 0 + 25,773 25,773
Change
Cash 22,261 +1,514,450 1,536,711
Investments 2,564,666 +8,710,272 11,274,938
Retirement acc 1,791,656 +2,976,223 4,767,879
Real estate 0 0 0
Other assets 34,000 -23,059 10,941
Total assets 4,412,583 +13,177,886 17,590,469

Mortgage 0 0 0
Other debt 400,000 -374,227 25,773
Total debt 400,000 -374,227 25,773

I am now 25.1% on my way to achive my FIRE target of INR 70,000,000. This is 1.3 percentage points closer, compared to the last net worth update.

INR 17,579,528 FIRE target: INR 70,000,000


25.1%

FI portfolio

My FI portfolio now consists of INR 11,274,938 (64.1%) in investments, INR 4,767,879 (27.1%) in retirement accounts, and INR 1,536,711 (8.7%) in cash.

Investments

Since my last update, my investments increased with INR 306,275 (2.79%), 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 85,241 (1.82%).

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 58,598 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
58,598/month
(4.0% SWR)
51,273/month
(3.5% SWR)
43,948/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 9 years and 10 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another INR 22,750,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 29,670,472


Financial independence forecast