Net worth update per



This is my #7 net worth update. Please check out my profile here for more information. As of , my net worth increased to EUR 33,139 and my FI portfolio increased to EUR 33,139


Net worth

EUR 33,139

Since the last update on my net worth has increased with EUR 1,408 (+ 4.44 %).

FI portfolio

EUR 33,139

Since the last update on my FI portfolio has increased with EUR 1,408 (+ 4.44 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in EUR.

I am now 4.9% on my way to achive my FIRE target of EUR 675,000. This is 0.2 percentage points closer, compared to the last net worth update.

EUR 33,139 FIRE target: EUR 675,000


4.9%


FI portfolio


My FI portfolio now consists of EUR 2,920 (8.8%) in investments, EUR 9,792 (29.5%) in retirement accounts, and EUR 20,427 (61.6%) in cash.

Investments

Since my last update, my investments decreased with EUR -53 (-1.78%), of which EUR 600 was from contributions, and EUR -653 was from returns.

Since I started tracking, my total contributions have been EUR 600, and my total return has been EUR 366.

Retirement accounts

Since my last update, my retirement accounts increased with EUR 1,361 (16.14%), of which EUR 500 was from contributions , and EUR 861 was from returns.

Since I started tracking, my total contributions have been EUR 1,500, and my total return is EUR 5,632.




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


If I quit working today, my monthly pay out would be EUR 110 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
110/month
(4.0% SWR)
96/month
(3.5% SWR)
82/month
(3.0% SWR)


When can I retire?


FI date


My age

45

I am currently aiming to save/invest approximately EUR 1,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 675,000 in 17 years and 6 months, in , and at that time I will be 45 years old.

By that time I will have invested/saved another EUR 211,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 430,861


Financial independence forecast