This is druidic68'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 624,000 and my FI portfolio was EUR 455,000.
I am now 22.8% on my way to achive my FIRE target of EUR 2,000,000.
My FI portfolio now consists of EUR 363,000 (79.8%) in investments, EUR 22,000 (4.8%) in retirement accounts, and EUR 70,000 (15.4%) in cash.
If I quit working today, my monthly pay out would be EUR 1,516 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
1,600
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 2,000,000
in 13 years and 0 months,
in , and at that time I will be
57 years old.
By that time I will have invested/saved
another EUR 328,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
1,217,000