This is firecycling3'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 EUR 8,669 and my FI portfolio was EUR 6,878.
I am now 0.7% on my way to achive my FIRE target of EUR 1,000,000.
My FI portfolio now consists of EUR 500 (7.3%) in investments, and EUR 6,378 (92.7%) in cash.
If I quit working today, my monthly pay out would be EUR 22 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
1,800
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 1,000,000
in 10 years and 4 months,
in , and at that time I will be
47 years old.
By that time I will have invested/saved
another EUR 372,600,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
620,522