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Net worth update per



This is firecycling3's #2 net worth update. Please check out my profile here for more information. As of , my net worth decreased to EUR 8,060 and my FI portfolio decreased to EUR 6,210


Net worth

EUR 8,060

Since the last update on my net worth has decreased with EUR -609 ( -7.03 %).

FI portfolio

EUR 6,210

Since the last update on my FI portfolio has decreased with EUR -668 ( -9.71 %).

The per-day change in net worth between the reported periods are shown in the plot below.



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 0.6% on my way to achive my FIRE target of EUR 1,000,000. This is -0.1 percentage points closer, compared to the last net worth update.

EUR 6,210 FIRE target: EUR 1,000,000


0.6%


FI portfolio


My FI portfolio now consists of EUR 1,000 (16.1%) in investments, and EUR 5,210 (83.9%) in cash.

Investments

Since my last update, my investments increased with EUR 500 (100.0%).

Since I started tracking, my total contributions have been EUR 30,872, and my total return has been EUR 11,928.

Retirement accounts

Since my last update, my retirement accounts decreased with EUR 0 (0%).

Since I started tracking, my total contributions have been EUR 18,729, and my total return is EUR 40,402.




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


If I quit working today, my monthly pay out would be EUR 20 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
20/month
(4.0% SWR)
18/month
(3.5% SWR)
15/month
(3.0% SWR)


When can I retire?


FI date


My age

47

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 11 years and 6 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 621,190


Financial independence forecast