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Net worth update per



This is Gomorritas's #2 net worth update. Please check out my profile here for more information. As of , my net worth decreased to EUR -374,000 and my FI portfolio increased to EUR 36,000


Net worth

EUR -374,000

Since the last update on my net worth has decreased with EUR -393,000 ( -2068.42 %).

FI portfolio

EUR 36,000

Since the last update on my FI portfolio has increased with EUR 17,000 (+ 89.47 %).


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 3.6% on my way to achive my FIRE target of EUR 1,000,000. This is 1.7 percentage points closer, compared to the last net worth update.

EUR 36,000 FIRE target: EUR 1,000,000


3.6%


FI portfolio


My FI portfolio now consists of EUR 12,000 (33.3%) in investments, and EUR 24,000 (66.7%) in cash.

Investments

Since my last update, my investments increased with EUR 6,000 (100.0%).




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


If I quit working today, my monthly pay out would be EUR 120 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
120/month
(4.0% SWR)
105/month
(3.5% SWR)
90/month
(3.0% SWR)


When can I retire?


FI date


My age

58

I am currently aiming to save/invest approximately EUR 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 19 years and 5 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another EUR 220,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 744,000


Financial independence forecast