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 17,740 and my FI portfolio increased to EUR 15,066


Net worth

EUR 17,740

Since the last update on my net worth has increased with EUR 3,221 (+ 22.18 %).

FI portfolio

EUR 15,066

Since the last update on my FI portfolio has increased with EUR 3,421 (+ 29.38 %).

Net worth
FI portfolio

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

I am now 2.2% on my way to achive my FIRE target of EUR 700,000. This is 0.5 percentage points closer, compared to the last net worth update.

EUR 15,066 FIRE target: EUR 700,000


2.2%


FI portfolio


My FI portfolio now consists of EUR 11,766 (78.1%) in investments, and EUR 3,300 (21.9%) in cash.

Investments

Since my last update, my investments increased with EUR 3,221 (37.69%), of which EUR 508 was from contributions, and EUR -3 was from returns.

Since I started tracking, my total contributions have been EUR 16,762, and my total return has been EUR -8,507.




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


If I quit working today, my monthly pay out would be EUR 50 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
50/month
(4.0% SWR)
43/month
(3.5% SWR)
37/month
(3.0% SWR)


When can I retire?


FI date


My age

60

I am currently aiming to save/invest approximately EUR 500 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 700,000 in 31 years and 9 months, in , and at that time I will be 60 years old.

By that time I will have invested/saved another EUR 196,500, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 488,434


Financial independence forecast