This is Lakrids's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to EUR 512,500 and my FI portfolio increased to EUR 362,500
And the development and changes between each net worth reporting is shown in the tables below.
I am now 72.5% on my way to achive my FIRE target of EUR 500,000. This is 28.5 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of EUR 185,000 (51.0%) in investments, EUR 52,500 (14.5%) in retirement accounts, and EUR 125,000 (34.5%) in cash.
Since my last update, my investments increased with EUR 35,000 (23.33%).
Since my last update, my retirement accounts increased with EUR 12,500 (31.25%), of which EUR 10,000 was from contributions , and EUR 2,500 was from returns.
If I quit working today, my monthly pay out would be EUR 1,208 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
3,000
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 500,000
in 0 years and -8 months,
in , and at that time I will be
35 years old.
By that time I will have invested/saved
another EUR 84,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
53,500