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Net worth update per


This is JoeHx's #8 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 276,882 and my FI portfolio increased to USD 261,648


Net worth

USD 276,882

Since the last update on my net worth has increased with USD 54,275 (+ 24.38 %).

FI portfolio

USD 261,648

Since the last update on my FI portfolio has increased with USD 46,952 (+ 21.87 %).

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 0 0 0
Investments 550 +233 783
Retirement acc 214,146 +46,719 260,865
Real estate 70,000 0 70,000
Other assets 15,000 0 15,000
Total assets 299,696 +46,952 346,648

Mortgage 8,084 -8,084 0
Other debt 69,005 + 761 69,766
Total debt 77,089 + -7,323 69,766
Change
Cash 0 0 0
Investments 0 +783 783
Retirement acc 164,206 +96,659 260,865
Real estate 70,000 0 70,000
Other assets 3,000 + 12,000 15,000
Total assets 237,206 +109,442 346,648

Mortgage 22,794 -22,794 0
Other debt 88,242 -18,476 69,766
Total debt 111,036 -41,270 69,766
Change
Cash 0 0 0
Investments 0 +783 783
Retirement acc 85,350 +175,515 260,865
Real estate 70,000 0 70,000
Other assets 3,000 + 12,000 15,000
Total assets 158,350 +188,298 346,648

Mortgage 28,194 -28,194 0
Other debt 117,375 -47,609 69,766
Total debt 145,569 -75,803 69,766

I am now 10.5% on my way to achive my FIRE target of USD 2,500,000. This is 1.9 percentage points closer, compared to the last net worth update.

USD 261,648 FIRE target: USD 2,500,000


10.5%

FI portfolio

My FI portfolio now consists of USD 783 (0.3%) in investments, USD 260,865 (99.7%) in retirement accounts, and USD 0 (0.0%) in cash.

Investments

Since my last update, my investments increased with USD 233 (42.36%).

Retirement accounts

Since my last update, my retirement accounts increased with USD 46,719 (21.82%).




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

If I quit working today, my monthly pay out would be USD 872 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
872/month
(4.0% SWR)
763/month
(3.5% SWR)
654/month
(3.0% SWR)


When can I retire?

FI date

My age

51

I am currently aiming to save/invest approximately USD 2,500 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 2,500,000 in 11 years and 8 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another USD 485,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 1,753,352


Financial independence forecast