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This is FIREUrBOSS's #62 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 20,255,386 and my FI portfolio increased to INR 20,277,343


Net worth

INR 20,255,386

Since the last update on my net worth has increased with INR 58,726 (+ 0.29 %).

FI portfolio

INR 20,277,343

Since the last update on my FI portfolio has increased with INR 53,282 (+ 0.26 %).

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 1,345,323 +70,783 1,416,106
Investments 13,763,658 -142,904 13,620,754
Retirement acc 5,115,080 +125,403 5,240,483
Real estate 0 0 0
Other assets 3,542 0 3,542
Total assets 20,227,603 +53,282 20,280,885

Mortgage 0 0 0
Other debt 30,943 -5,444 25,499
Total debt 30,943 -5,444 25,499
Change
Cash 1,014,006 +402,100 1,416,106
Investments 9,714,554 +3,906,200 13,620,754
Retirement acc 4,307,269 +933,214 5,240,483
Real estate 0 0 0
Other assets 21,257 -17,715 3,542
Total assets 15,057,086 +5,223,799 20,280,885

Mortgage 0 0 0
Other debt 0 + 25,499 25,499
Total debt 0 + 25,499 25,499
Change
Cash 22,261 +1,393,845 1,416,106
Investments 2,564,666 +11,056,088 13,620,754
Retirement acc 1,791,656 +3,448,827 5,240,483
Real estate 0 0 0
Other assets 34,000 -30,458 3,542
Total assets 4,412,583 +15,868,302 20,280,885

Mortgage 0 0 0
Other debt 400,000 -374,501 25,499
Total debt 400,000 -374,501 25,499

I am now 29.0% on my way to achive my FIRE target of INR 70,000,000. This is 0.1 percentage points closer, compared to the last net worth update.

INR 20,277,343 FIRE target: INR 70,000,000


29.0%

FI portfolio

My FI portfolio now consists of INR 13,620,754 (67.2%) in investments, INR 5,240,483 (25.8%) in retirement accounts, and INR 1,416,106 (7.0%) in cash.

Investments

Since my last update, my investments decreased with INR -142,904 (-1.04%), 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 125,403 (2.45%).

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 67,591 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
67,591/month
(4.0% SWR)
59,142/month
(3.5% SWR)
50,693/month
(3.0% SWR)


When can I retire?

FI date

My age

48

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 7 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another INR 21,000,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 28,722,657


Financial independence forecast