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


This is FIREUrBOSS's #60 net worth update. Please check out my profile here for more information. As of , my net worth decreased to INR 19,106,387 and my FI portfolio decreased to INR 19,108,622


Net worth

INR 19,106,387

Since the last update on my net worth has decreased with INR -276,467 ( -1.43 %).

FI portfolio

INR 19,108,622

Since the last update on my FI portfolio has decreased with INR -320,614 ( -1.65 %).

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 1,312,998 -14,227 1,298,771
Investments 12,835,303 -205,652 12,629,651
Retirement acc 5,280,935 -100,735 5,180,200
Real estate 0 0 0
Other assets 20,733 0 20,733
Total assets 19,449,969 -320,614 19,129,355

Mortgage 0 0 0
Other debt 67,115 -44,147 22,968
Total debt 67,115 -44,147 22,968
Change
Cash 1,014,006 +284,765 1,298,771
Investments 9,714,554 +2,915,097 12,629,651
Retirement acc 4,307,269 +872,931 5,180,200
Real estate 0 0 0
Other assets 21,257 -524 20,733
Total assets 15,057,086 +4,072,269 19,129,355

Mortgage 0 0 0
Other debt 0 + 22,968 22,968
Total debt 0 + 22,968 22,968
Change
Cash 22,261 +1,276,510 1,298,771
Investments 2,564,666 +10,064,985 12,629,651
Retirement acc 1,791,656 +3,388,544 5,180,200
Real estate 0 0 0
Other assets 34,000 -13,267 20,733
Total assets 4,412,583 +14,716,772 19,129,355

Mortgage 0 0 0
Other debt 400,000 -377,032 22,968
Total debt 400,000 -377,032 22,968

I am now 27.3% on my way to achive my FIRE target of INR 70,000,000. This is -0.5 percentage points closer, compared to the last net worth update.

INR 19,108,622 FIRE target: INR 70,000,000


27.3%

FI portfolio

My FI portfolio now consists of INR 12,629,651 (66.1%) in investments, INR 5,180,200 (27.1%) in retirement accounts, and INR 1,298,771 (6.8%) in cash.

Investments

Since my last update, my investments decreased with INR -205,652 (-1.6%), 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 decreased with INR -100,735 (-1.91%).

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 63,695 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
63,695/month
(4.0% SWR)
55,733/month
(3.5% SWR)
47,771/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 21,700,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 29,191,378


Financial independence forecast