This is TrustingMackerel's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was EUR 424,656 and my FI portfolio was EUR 424,656.
I am now 24.3% on my way to achive my FIRE target of EUR 1,750,000.
My FI portfolio now consists of EUR 335,699 (79.1%) in investments, EUR 47,731 (11.2%) in retirement accounts, and EUR 41,226 (9.7%) in cash.
If I quit working today, my monthly pay out would be EUR 1,415 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
7,012
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 1,750,000
in 3 years and 9 months,
in , and at that time I will be
38 years old.
By that time I will have invested/saved
another EUR 617,056,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
708,288