This is Falco'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 USD 184,717 and my FI portfolio was USD 184,717.
I am now 36.9% on my way to achive my FIRE target of USD 500,000.
My FI portfolio now consists of USD 22,774 (12.3%) in investments, USD 141,441 (76.6%) in retirement accounts, and USD 20,502 (11.1%) in cash.
If I quit working today, my monthly pay out would be USD 615 for the rest of my life.
I am currently aiming to save/invest
approximately USD
1,400
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of USD 500,000
in 3 years and 10 months,
in , and at that time I will be
46 years old.
By that time I will have invested/saved
another USD 138,600,
while the rest will be return on my existing FI portfolio and the new
investments,
in total USD
176,683