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Net worth update per



This is Phillip'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 122,000 and my FI portfolio was EUR 122,000.


Net worth

EUR 122,000

FI portfolio

EUR 122,000

I am now 24.4% on my way to achive my FIRE target of EUR 500,000.

EUR 122,000 FIRE target: EUR 500,000


24.4%

FI portfolio


My FI portfolio now consists of EUR 118,000 (96.7%) in investments, and EUR 4,000 (3.3%) in cash.




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



If I quit working today, my monthly pay out would be EUR 406 for the rest of my life.

Retire today with (EUR)
406/month
(4.0% SWR)
355/month
(3.5% SWR)
305/month
(3.0% SWR)


When can I retire?


FI date


My age

31

I am currently aiming to save/invest approximately EUR 1,200 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 500,000 in 7 years and 0 months, in , and at that time I will be 31 years old.

By that time I will have invested/saved another EUR 147,600, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 230,400


Financial independence forecast