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Net worth update per


This is enragedCake2's #3 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 3,484,508 and my FI portfolio increased to INR 1,821,182


Net worth

INR 3,484,508

Since the last update on my net worth has increased with INR 199,907 (+ 6.09 %).

FI portfolio

INR 1,821,182

Since the last update on my FI portfolio has increased with INR 146,620 (+ 8.76 %).

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 1,133,932 -14,281 1,119,651
Investments 450,878 +144,492 595,370
Retirement acc 89,752 +16,409 106,161
Real estate 0 0 0
Other assets 1,610,039 + 53,287 1,663,326
Total assets 3,284,601 +199,907 3,484,508

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 1,133,932 -14,281 1,119,651
Investments 450,878 +144,492 595,370
Retirement acc 89,752 +16,409 106,161
Real estate 0 0 0
Other assets 1,610,039 + 53,287 1,663,326
Total assets 3,284,601 +199,907 3,484,508

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 1,190,877 -71,226 1,119,651
Investments 425,244 +170,126 595,370
Retirement acc 95,920 +10,241 106,161
Real estate 0 0 0
Other assets 1,610,039 + 53,287 1,663,326
Total assets 3,322,080 +162,428 3,484,508

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

I am now 3.0% on my way to achive my FIRE target of INR 60,000,000. This is 0.2 percentage points closer, compared to the last net worth update.

INR 1,821,182 FIRE target: INR 60,000,000


3.0%

FI portfolio

My FI portfolio now consists of INR 595,370 (32.7%) in investments, INR 106,161 (5.8%) in retirement accounts, and INR 1,119,651 (61.5%) in cash.

Investments

Since my last update, my investments increased with INR 144,492 (32.05%).

Since I started tracking, my total contributions have been INR 123,587, and my total return has been INR 18,200,229.

Retirement accounts

Since my last update, my retirement accounts increased with INR 16,409 (18.28%).

Since I started tracking, my total contributions have been INR 7,360, and my total return is INR 1,277,329.




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

If I quit working today, my monthly pay out would be INR 6,070 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
6,070/month
(4.0% SWR)
5,311/month
(3.5% SWR)
4,552/month
(3.0% SWR)


When can I retire?

FI date

My age

34

I am currently aiming to save/invest approximately INR 480,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of INR 60,000,000 in 2 years and 1 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another INR 42,240,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 15,938,818


Financial independence forecast