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Net worth update per


This is FIREUrBOSS's #56 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 17,947,867 and my FI portfolio increased to INR 17,994,382


Net worth

INR 17,947,867

Since the last update on my net worth has increased with INR 383,171 (+ 2.18 %).

FI portfolio

INR 17,994,382

Since the last update on my FI portfolio has increased with INR 414,854 (+ 2.36 %).

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 1,536,711 -304,047 1,232,664
Investments 11,274,938 +551,326 11,826,264
Retirement acc 4,767,879 +167,575 4,935,454
Real estate 0 0 0
Other assets 10,941 0 10,941
Total assets 17,590,469 +414,854 18,005,323

Mortgage 0 0 0
Other debt 25,773 + 31,683 57,456
Total debt 25,773 + 31,683 57,456
Change
Cash 1,014,006 +218,658 1,232,664
Investments 9,714,554 +2,111,710 11,826,264
Retirement acc 4,307,269 +628,185 4,935,454
Real estate 0 0 0
Other assets 21,257 -10,316 10,941
Total assets 15,057,086 +2,948,237 18,005,323

Mortgage 0 0 0
Other debt 0 + 57,456 57,456
Total debt 0 + 57,456 57,456
Change
Cash 22,261 +1,210,403 1,232,664
Investments 2,564,666 +9,261,598 11,826,264
Retirement acc 1,791,656 +3,143,798 4,935,454
Real estate 0 0 0
Other assets 34,000 -23,059 10,941
Total assets 4,412,583 +13,592,740 18,005,323

Mortgage 0 0 0
Other debt 400,000 -342,544 57,456
Total debt 400,000 -342,544 57,456

I am now 25.7% on my way to achive my FIRE target of INR 70,000,000. This is 0.6 percentage points closer, compared to the last net worth update.

INR 17,994,382 FIRE target: INR 70,000,000


25.7%

FI portfolio

My FI portfolio now consists of INR 11,826,264 (65.7%) in investments, INR 4,935,454 (27.4%) in retirement accounts, and INR 1,232,664 (6.9%) in cash.

Investments

Since my last update, my investments increased with INR 551,326 (4.89%), 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 167,575 (3.51%).

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 59,981 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
59,981/month
(4.0% SWR)
52,483/month
(3.5% SWR)
44,985/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 9 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another INR 22,400,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 29,605,618


Financial independence forecast