This is my 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 2021-05-04T00:00:00Z, my net worth was EUR 402,000 and my FI portfolio was EUR 189,000.
I am now 9.4% on my way to achive my FIRE target of EUR 2,000,000.
My FI portfolio now consists of EUR 108,000 (57.1%) in investments, EUR 67,000 (35.4%) in retirement accounts, and EUR 14,000 (7.4%) in cash.
If I quit working today, my monthly pay out would be EUR 630 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 2,000,000 in 16 years and 8 months, in 2038-03-04T00:00:00Z, and at that time I will be 47 years old.
By that time I will have invested/saved another EUR 404,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 1,407,000