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 September 20th 2024


This is Burner_For_Fire's #11 net worth update. Please check out my profile here for more information. As of September 20th 2024, my net worth increased to USD 1,202,510 and my FI portfolio increased to USD 817,565


Net worth

USD 1,202,510

Since the last update on June 19th 2024 my net worth has increased with USD 65,460 (+ 5.76 %).

FI portfolio

USD 817,565

Since the last update on June 19th 2024 my FI portfolio has increased with USD 37,944 (+ 4.87 %).

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 USD.
19 Jun 24 Change 20 Sep 24
Cash 80,630 -2,942 77,688
Investments 94,333 +32,027 126,360
Retirement acc 604,658 +8,859 613,517
Real estate 529,743 + 22,906 552,649
Other assets 43,086 + 2,210 45,296
Total assets 1,352,450 +63,060 1,415,510

Mortgage 215,400 -2,400 213,000
Other debt 0 0 0
Total debt 215,400 -2,400 213,000
2 Feb 23 Change 20 Sep 24
Cash 78,283 -595 77,688
Investments 57,648 +68,712 126,360
Retirement acc 440,800 +172,717 613,517
Real estate 490,283 + 62,366 552,649
Other assets 36,793 + 8,503 45,296
Total assets 1,103,807 +311,703 1,415,510

Mortgage 227,000 -14,000 213,000
Other debt 0 0 0
Total debt 227,000 -14,000 213,000
4 Jul 21 Change 20 Sep 24
Cash 58,000 +19,688 77,688
Investments 48,000 +78,360 126,360
Retirement acc 473,000 +140,517 613,517
Real estate 420,000 + 132,649 552,649
Other assets 0 + 45,296 45,296
Total assets 999,000 +416,510 1,415,510

Mortgage 237,000 -24,000 213,000
Other debt 0 0 0
Total debt 237,000 -24,000 213,000

I am now 27.3% on my way to achive my FIRE target of USD 3,000,000. This is 1.3 percentage points closer, compared to the last net worth update.

USD 817,565 FIRE target: USD 3,000,000


27.3%

FI portfolio

My FI portfolio now consists of USD 126,360 (15.5%) in investments, USD 613,517 (75.0%) in retirement accounts, and USD 77,688 (9.5%) in cash.

Investments

Since my last update, my investments increased with USD 32,027 (33.95%), of which USD 1,800 was from contributions, and USD 133 was from returns.

Since I started tracking, my total contributions have been USD 50,800, and my total return has been USD 35,721.

Retirement accounts

Since my last update, my retirement accounts increased with USD 8,859 (1.47%), of which USD 3,240 was from contributions , and USD 10,788 was from returns.

Since I started tracking, my total contributions have been USD 22,803, and my total return is USD 166,195.




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

If I quit working today, my monthly pay out would be USD 2,725 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
2,725/month
(4.0% SWR)
2,384/month
(3.5% SWR)
2,043/month
(3.0% SWR)


When can I retire?

FI date

June 2035

My age

48

I am currently aiming to save/invest approximately USD 5,766 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 3,000,000 in 10 years and 0 months, in June 2035, and at that time I will be 48 years old.

By that time I will have invested/saved another USD 743,814, while the rest will be return on my existing FI portfolio and the new investments, in total USD 1,438,621


Financial independence forecast