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Net worth update per



This is outlyingMandrill0'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 -1,050 and my FI portfolio was EUR 8,950.


Net worth

EUR -1,050

FI portfolio

EUR 8,950

I am now 0.4% on my way to achive my FIRE target of EUR 2,200,000.

EUR 8,950 FIRE target: EUR 2,200,000


0.4%

FI portfolio


My FI portfolio now consists of EUR 350 (3.9%) in investments, EUR 3,500 (39.1%) in retirement accounts, and EUR 5,100 (57.0%) in cash.




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



If I quit working today, my monthly pay out would be EUR 29 for the rest of my life.

Retire today with (EUR)
29/month
(4.0% SWR)
26/month
(3.5% SWR)
22/month
(3.0% SWR)


When can I retire?


FI date


My age

62

I am currently aiming to save/invest approximately EUR 500 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 2,200,000 in 31 years and 1 months, in , and at that time I will be 62 years old.

By that time I will have invested/saved another EUR 214,500, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 1,976,550


Financial independence forecast