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Net worth update per



This is Griffameister's #2 net worth update. Please check out my profile here for more information. As of , my net worth decreased to EUR 14,887 and my FI portfolio decreased to EUR 11,887


Net worth

EUR 14,887

Since the last update on my net worth has decreased with EUR -1,283 ( -7.93 %).

FI portfolio

EUR 11,887

Since the last update on my FI portfolio has decreased with EUR -1,283 ( -9.74 %).


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 EUR.

I am now 1.5% on my way to achive my FIRE target of EUR 800,000. This is -0.2 percentage points closer, compared to the last net worth update.

EUR 11,887 FIRE target: EUR 800,000


1.5%


FI portfolio


My FI portfolio now consists of EUR 1,957 (16.5%) in investments, and EUR 9,930 (83.5%) in cash.

Investments

Since my last update, my investments increased with EUR 737 (60.41%).




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


If I quit working today, my monthly pay out would be EUR 39 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
39/month
(4.0% SWR)
34/month
(3.5% SWR)
29/month
(3.0% SWR)


When can I retire?


FI date


My age

49

I am currently aiming to save/invest approximately EUR 750 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 800,000 in 17 years and 10 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another EUR 203,250, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 584,863


Financial independence forecast