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Net worth update per


This is FMCTandP's #11 net worth update. Please check out my profile here for more information. As of , my net worth increased to USD 984,000 and my FI portfolio decreased to USD 692,000


Net worth

USD 984,000

Since the last update on my net worth has increased with USD 259,000 (+ 35.72 %).

FI portfolio

USD 692,000

Since the last update on my FI portfolio has decreased with USD -33,000 ( -4.55 %).

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 34,000 -14,000 20,000
Investments 107,000 -4,000 103,000
Retirement acc 584,000 -15,000 569,000
Real estate 0 + 554,000 554,000
Other assets 0 0 0
Total assets 725,000 +521,000 1,246,000

Mortgage 0 262,000 262,000
Other debt 0 0 0
Total debt 0 262,000 262,000
Change
Cash 34,000 -14,000 20,000
Investments 107,000 -4,000 103,000
Retirement acc 584,000 -15,000 569,000
Real estate 0 + 554,000 554,000
Other assets 0 0 0
Total assets 725,000 +521,000 1,246,000

Mortgage 0 262,000 262,000
Other debt 0 0 0
Total debt 0 262,000 262,000
Change
Cash 25,000 -5,000 20,000
Investments 37,000 +66,000 103,000
Retirement acc 68,000 +501,000 569,000
Real estate 0 + 554,000 554,000
Other assets 0 0 0
Total assets 130,000 +1,116,000 1,246,000

Mortgage 0 262,000 262,000
Other debt 0 0 0
Total debt 0 + 262,000 262,000

I am now 30.3% on my way to achive my FIRE target of USD 2,285,000. This is -1.4 percentage points closer, compared to the last net worth update.

USD 692,000 FIRE target: USD 2,285,000


30.3%

FI portfolio

My FI portfolio now consists of USD 103,000 (14.9%) in investments, USD 569,000 (82.2%) in retirement accounts, and USD 20,000 (2.9%) in cash.

Investments

Since my last update, my investments decreased with USD -4,000 (-3.74%), of which USD 4,600 was from contributions, and USD 4,400 was from returns.

Since I started tracking, my total contributions have been USD 32,800, and my total return has been USD 101,200.

Retirement accounts

Since my last update, my retirement accounts decreased with USD -15,000 (-2.57%), of which USD 5,600 was from contributions , and USD 23,400 was from returns.

Since I started tracking, my total contributions have been USD 279,600, and my total return is USD 448,400.




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

If I quit working today, my monthly pay out would be USD 2,306 for the rest of my life.


Monthly SWR amount
Retire today with (USD)
2,306/month
(4.0% SWR)
2,018/month
(3.5% SWR)
1,730/month
(3.0% SWR)


When can I retire?

FI date

My age

50

I am currently aiming to save/invest approximately USD 4,200 each month.

Assuming an annual return of 5% on my investments and my retirement accounts, I aim to reach my FIRE target of USD 2,285,000 in 8 years and 0 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another USD 672,000, while the rest will be return on my existing FI portfolio and the new investments, in total USD 921,000


Financial independence forecast