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Net worth update per


This is FIREUrBOSS's #64 net worth update. Please check out my profile here for more information. As of , my net worth increased to INR 21,492,060 and my FI portfolio increased to INR 21,496,837


Net worth

INR 21,492,060

Since the last update on my net worth has increased with INR 2,021,047 (+ 10.38 %).

FI portfolio

INR 21,496,837

Since the last update on my FI portfolio has increased with INR 2,008,125 (+ 10.3 %).

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 1,324,442 +160,181 1,484,623
Investments 13,574,097 +905,004 14,479,101
Retirement acc 4,590,173 +942,940 5,533,113
Real estate 0 0 0
Other assets 3,542 -3,542 0
Total assets 19,492,254 +2,004,583 21,496,837

Mortgage 0 0 0
Other debt 21,241 -16,464 4,777
Total debt 21,241 -16,464 4,777
Change
Cash 1,416,106 +68,517 1,484,623
Investments 13,620,754 +858,347 14,479,101
Retirement acc 5,240,483 +292,630 5,533,113
Real estate 0 0 0
Other assets 3,542 -3,542 0
Total assets 20,280,885 +1,215,952 21,496,837

Mortgage 0 0 0
Other debt 25,499 -20,722 4,777
Total debt 25,499 -20,722 4,777
Change
Cash 22,261 +1,462,362 1,484,623
Investments 2,564,666 +11,914,435 14,479,101
Retirement acc 1,791,656 +3,741,457 5,533,113
Real estate 0 0 0
Other assets 34,000 -34,000 0
Total assets 4,412,583 +17,084,254 21,496,837

Mortgage 0 0 0
Other debt 400,000 -395,223 4,777
Total debt 400,000 -395,223 4,777

I am now 30.7% on my way to achive my FIRE target of INR 70,000,000. This is 2.9 percentage points closer, compared to the last net worth update.

INR 21,496,837 FIRE target: INR 70,000,000


30.7%

FI portfolio

My FI portfolio now consists of INR 14,479,101 (67.4%) in investments, INR 5,533,113 (25.7%) in retirement accounts, and INR 1,484,623 (6.9%) in cash.

Investments

Since my last update, my investments increased with INR 905,004 (6.67%), of which INR 175,000 was from contributions, and INR -126,087 was from returns.

Since I started tracking, my total contributions have been INR 4,773,954, and my total return has been INR 7,189,394.

Retirement accounts

Since my last update, my retirement accounts increased with INR 942,940 (20.54%), of which INR 1,000 was from contributions , and INR 53,469 was from returns.

Since I started tracking, my total contributions have been INR 30,436, and my total return is INR 3,765,490.




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

If I quit working today, my monthly pay out would be INR 71,656 for the rest of my life.


Monthly SWR amount
Retire today with (INR)
71,656/month
(4.0% SWR)
62,699/month
(3.5% SWR)
53,742/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 6 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another INR 20,300,000, while the rest will be return on my existing FI portfolio and the new investments, in total INR 28,203,163


Financial independence forecast