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Net worth update per



This is Doublekickflip'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 72,000 and my FI portfolio was EUR 48,000.


Net worth

EUR 72,000

FI portfolio

EUR 48,000

I am now 6.0% on my way to achive my FIRE target of EUR 800,000.

EUR 48,000 FIRE target: EUR 800,000


6.0%

FI portfolio


My FI portfolio now consists of EUR 18,000 (37.5%) in investments, EUR 3,000 (6.2%) in retirement accounts, and EUR 27,000 (56.2%) in cash.




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



If I quit working today, my monthly pay out would be EUR 160 for the rest of my life.

Retire today with (EUR)
160/month
(4.0% SWR)
140/month
(3.5% SWR)
120/month
(3.0% SWR)


When can I retire?


FI date


My age

49

I am currently aiming to save/invest approximately EUR 1,600 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 800,000 in 11 years and 10 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another EUR 289,600, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 462,400


Financial independence forecast