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This is harpic's #12 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 7,721,000 and my FI portfolio increased to INR 7,521,000


Net worth

INR 7,721,000

Since the last update on my net worth has increased with INR 645,000 (+ 9.12 %).

FI portfolio

INR 7,521,000

Since the last update on my FI portfolio has increased with INR 445,000 (+ 6.29 %).

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 255,000 +45,000 300,000
Investments 6,450,000 +400,000 6,850,000
Retirement acc 371,000 0 371,000
Real estate 0 0 0
Other assets 0 + 200,000 200,000
Total assets 7,076,000 +645,000 7,721,000

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 990,000 -690,000 300,000
Investments 634,000 +6,216,000 6,850,000
Retirement acc 36,500 +334,500 371,000
Real estate 0 0 0
Other assets 0 + 200,000 200,000
Total assets 1,660,500 +6,060,500 7,721,000

Mortgage 0 0 0
Other debt 20,000 -20,000 0
Total debt 20,000 -20,000 0
Change
Cash 610,000 -310,000 300,000
Investments 210,000 +6,640,000 6,850,000
Retirement acc 0 +371,000 371,000
Real estate 0 0 0
Other assets 0 + 200,000 200,000
Total assets 820,000 +6,901,000 7,721,000

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

I am now 7.5% on my way to achive my FIRE target of INR 100,000,000. This is 0.4 percentage points closer, compared to the last net worth update.

INR 7,521,000 FIRE target: INR 100,000,000


7.5%

FI portfolio

My FI portfolio now consists of INR 6,850,000 (91.1%) in investments, INR 371,000 (4.9%) in retirement accounts, and INR 300,000 (4.0%) in cash.

Investments

Since my last update, my investments increased with INR 400,000 (6.2%), of which INR 970,000 was from contributions, and INR 0 was from returns.

Since I started tracking, my total contributions have been INR 4,380,000, and my total return has been INR 4,410,000.

Retirement accounts

Since my last update, my retirement accounts decreased with INR 0 (0.0%), of which INR 29,000 was from contributions , and INR 0 was from returns.

Since I started tracking, my total contributions have been INR 438,447, and my total return is INR -38,447.




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

If I quit working today, my monthly pay out would be INR 25,070 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
25,070/month
(4.0% SWR)
21,936/month
(3.5% SWR)
18,802/month
(3.0% SWR)


When can I retire?

FI date

My age

36

I am currently aiming to save/invest approximately INR 250,000 each month.

Assuming an annual return of 12% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 100,000,000 in 10 years and 3 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another INR 34,000,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 58,479,000


Financial independence forecast