This is my #2 net worth update. Please check out my profile here for more information. As of 2020-05-15T00:00:00Z, my net worth increased to CHF 92,389 and my FI portfolio decreased to CHF 62,389
I am now 2.5% on my way to achive my FIRE target of CHF 2,500,000. This is -0.1 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of CHF 21,000 (33.7%) in investments, CHF 27,389 (43.9%) in retirement accounts, and CHF 14,000 (22.4%) in cash.
Since my last update, my investments decreased with CHF -4,200 (-16.67%).
Since my last update, my retirement accounts decreased with CHF -1,111 (-3.9%).
If I quit working today, my monthly pay out would be CHF 207 for the rest of my life.
I am currently aiming to save/invest
approximately CHF 5,000
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of CHF 2,500,000 in 15 years and 7 months, in 2036-01-15T00:00:00Z, and at that time I will be 44 years old.
By that time I will have invested/saved another CHF 940,000, while the rest will be return on my existing FI portfolio and the new investments, in total CHF 1,497,611