Net worth update per
This is Finanzgedanken'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 CHF 331,873 and my FI portfolio was CHF 560,381.
Net worth
CHF 331,873
FI portfolio
CHF 560,381
I am now 46.7% on my way to achive my FIRE target of CHF 1,200,000.
CHF 560,381 FIRE target: CHF 1,200,000
FI portfolio
My FI portfolio now consists of CHF 412,500 (73.6%) in investments, CHF 82,055 (14.6%) in retirement accounts, and CHF 65,826 (11.7%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be CHF 1,867 for the rest of my life.
Retire today with (CHF)
When can I retire?
FI date
My age
38
I am currently aiming to save/invest
approximately CHF
6,000
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CHF 1,200,000
in -1 years and 0 months,
in , and at that time I will be
38 years old.
By that time I will have invested/saved
another CHF 342,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CHF
297,619