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Net worth update per


This is Burner_For_Fire's #12 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 1,253,746 and my FI portfolio increased to USD 854,846


Net worth

USD 1,253,746

Since the last update on my net worth has increased with USD 51,236 (+ 4.26 %).

FI portfolio

USD 854,846

Since the last update on my FI portfolio has increased with USD 37,281 (+ 4.56 %).

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.
Change
Cash 77,688 -3,400 74,288
Investments 126,360 +6,228 132,588
Retirement acc 613,517 +34,453 647,970
Real estate 552,649 + 10,925 563,574
Other assets 45,296 + 1,030 46,326
Total assets 1,415,510 +49,236 1,464,746

Mortgage 213,000 -2,000 211,000
Other debt 0 0 0
Total debt 213,000 -2,000 211,000
Change
Cash 78,283 -3,995 74,288
Investments 57,648 +74,940 132,588
Retirement acc 440,800 +207,170 647,970
Real estate 490,283 + 73,291 563,574
Other assets 36,793 + 9,533 46,326
Total assets 1,103,807 +360,939 1,464,746

Mortgage 227,000 -16,000 211,000
Other debt 0 0 0
Total debt 227,000 -16,000 211,000
Change
Cash 58,000 +16,288 74,288
Investments 48,000 +84,588 132,588
Retirement acc 473,000 +174,970 647,970
Real estate 420,000 + 143,574 563,574
Other assets 0 + 46,326 46,326
Total assets 999,000 +465,746 1,464,746

Mortgage 237,000 -26,000 211,000
Other debt 0 0 0
Total debt 237,000 -26,000 211,000

I am now 28.5% on my way to achive my FIRE target of USD 3,000,000. This is 1.2 percentage points closer, compared to the last net worth update.

USD 854,846 FIRE target: USD 3,000,000


28.5%

FI portfolio

My FI portfolio now consists of USD 132,588 (15.5%) in investments, USD 647,970 (75.8%) in retirement accounts, and USD 74,288 (8.7%) in cash.

Investments

Since my last update, my investments increased with USD 6,228 (4.93%), 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 34,453 (5.62%), 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 2,849 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
2,849/month
(4.0% SWR)
2,493/month
(3.5% SWR)
2,137/month
(3.0% SWR)


When can I retire?

FI date

My age

47

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 9 years and 11 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another USD 720,750, while the rest will be return on my existing FI portfolio and the new investments, in total USD 1,424,404


Financial independence forecast