Net worth update per January 3rd 2017
This is ced'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 January 3rd 2017, my net worth was EUR 129,108 and my FI portfolio was EUR 129,108.
Net worth
EUR 129,108
FI portfolio
EUR 129,108
I am now 12.9% on my way to achive my FIRE target of EUR 1,000,000.
EUR 129,108 FIRE target: EUR 1,000,000
FI portfolio
My FI portfolio now consists of EUR 5,296 (4.1%) in investments, EUR 3,500 (2.7%) in retirement accounts, and EUR 120,312 (93.2%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be EUR 430 for the rest of my life.
Retire today with (EUR)
When can I retire?
FI date
September 2036
My age
46
I am currently aiming to save/invest
approximately EUR
2,000
each month.
Assuming an annual return of
5% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 1,000,000
in 11 years and 3 months,
in September 2036, and at that time I will be
46 years old.
By that time I will have invested/saved
another EUR 472,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
398,892