This is Roadtriptofire'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 487,005 and my FI portfolio was EUR 302,660.
I am now 16.8% on my way to achive my FIRE target of EUR 1,800,000.
My FI portfolio now consists of EUR 98,110 (32.4%) in investments, EUR 27,550 (9.1%) in retirement accounts, and EUR 177,000 (58.5%) in cash.
If I quit working today, my monthly pay out would be EUR 1,008 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
1,000
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 1,800,000
in 20 years and 6 months,
in , and at that time I will be
61 years old.
By that time I will have invested/saved
another EUR 298,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
1,199,340