This is Klonk'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 1,043,000 and my FI portfolio was EUR 1,043,000.
I am now 44.2% on my way to achive my FIRE target of EUR 2,360,000.
My FI portfolio now consists of EUR 750,000 (71.9%) in investments, EUR 123,000 (11.8%) in retirement accounts, and EUR 170,000 (16.3%) in cash.
If I quit working today, my monthly pay out would be EUR 3,476 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
2,500
each month.
Assuming an annual return of
6% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 2,360,000
in 7 years and 0 months,
in , and at that time I will be
62 years old.
By that time I will have invested/saved
another EUR 330,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
987,000