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Net worth update per



This is thoengel'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 710,000 and my FI portfolio was EUR 420,000.


Net worth

EUR 710,000

FI portfolio

EUR 420,000

I am now 42.0% on my way to achive my FIRE target of EUR 1,000,000.

EUR 420,000 FIRE target: EUR 1,000,000


42.0%

FI portfolio


My FI portfolio now consists of EUR 230,000 (54.8%) in investments, and EUR 190,000 (45.2%) in cash.




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



If I quit working today, my monthly pay out would be EUR 1,400 for the rest of my life.

Retire today with (EUR)
1,400/month
(4.0% SWR)
1,225/month
(3.5% SWR)
1,050/month
(3.0% SWR)


When can I retire?


FI date


My age

57

I am currently aiming to save/invest approximately EUR 2,700 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 1,000,000 in 4 years and 10 months, in , and at that time I will be 57 years old.

By that time I will have invested/saved another EUR 270,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 310,000


Financial independence forecast