Net worth update per



This is my #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 24,058 and my FI portfolio increased to USD 42,344


Net worth

USD 24,058

Since the last update on my net worth has increased with USD 16,791 (+ 231.06 %).

FI portfolio

USD 42,344

Since the last update on my FI portfolio has increased with USD 13,687 (+ 47.76 %).

Net worth
FI portfolio

The changes for each asset class compared to the previous reporting ( ) is shown in the table below. All numbers are in USD.

I am now 2.1% on my way to achive my FIRE target of USD 2,028,571. This is 0.7 percentage points closer, compared to the last net worth update.

USD 42,344 FIRE target: USD 2,028,571


2.1%


FI portfolio


My FI portfolio now consists of USD 868 (2.0%) in investments, USD 24,738 (58.4%) in retirement accounts, and USD 16,738 (39.5%) in cash.

Investments

Since my last update, my investments increased with USD 10 (1.17%), of which USD -977 was from withdrawals, and USD 3 was from returns.

Retirement accounts

Since my last update, my retirement accounts increased with USD 12,364 (99.92%), of which USD 1,365 was from contributions , and USD 1,465 was from returns.

Since I started tracking, my total contributions have been USD 27,113, and my total return is USD 8,178.




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


If I quit working today, my monthly pay out would be USD 141 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
141/month
(4.0% SWR)
123/month
(3.5% SWR)
105/month
(3.0% SWR)


When can I retire?


FI date


My age

53

I am currently aiming to save/invest approximately USD 2,289 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 2,028,571 in 24 years and 0 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another USD 686,700, while the rest will be return on my existing FI portfolio and the new investments, in total USD 1,299,527


Financial independence forecast