This is needySquirrel'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 714,000 and my FI portfolio was EUR 454,000.
I am now 30.3% on my way to achive my FIRE target of EUR 1,500,000.
My FI portfolio now consists of EUR 388,000 (85.5%) in investments, EUR 30,000 (6.6%) in retirement accounts, and EUR 36,000 (7.9%) in cash.
If I quit working today, my monthly pay out would be EUR 1,513 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
1,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 1,500,000
in 7 years and 11 months,
in , and at that time I will be
53 years old.
By that time I will have invested/saved
another EUR 130,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
916,000