This is Phillip's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to EUR 125,200 and my FI portfolio increased to EUR 125,200
And the development and changes between each net worth reporting is shown in the tables below.
I am now 25.0% on my way to achive my FIRE target of EUR 500,000. This is 0.6 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of EUR 121,000 (96.6%) in investments, and EUR 4,200 (3.4%) in cash.
Since my last update, my investments
increased
with EUR 3,000
(2.54%), of which
EUR
2,400
was from
contributions, and EUR
600 was from
returns.
Since I started tracking, my total contributions have been
EUR
2,400,
and my total return has been
EUR
600.
If I quit working today, my monthly pay out would be EUR 417 for the rest of my life.
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 2 months,
in , and at that time I will be
31 years old.
By that time I will have invested/saved
another EUR 146,400,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
228,400