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Net worth update per


This is greenpark3495's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to EUR 13,518 and my FI portfolio increased to EUR 27,018


Net worth

EUR 13,518

Since the last update on my net worth has increased with EUR 7,531 (+ 125.79 %).

FI portfolio

EUR 27,018

Since the last update on my FI portfolio has increased with EUR 21,031 (+ 351.28 %).

And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in EUR.
Change
Cash 5,000 +14,500 19,500
Investments 987 +1,531 2,518
Retirement acc 0 +5,000 5,000
Real estate 0 0 0
Other assets 0 0 0
Total assets 5,987 +21,031 27,018

Mortgage 0 0 0
Other debt 0 + 13,500 13,500
Total debt 0 + 13,500 13,500
Change
Cash 5,000 +14,500 19,500
Investments 987 +1,531 2,518
Retirement acc 0 +5,000 5,000
Real estate 0 0 0
Other assets 0 0 0
Total assets 5,987 +21,031 27,018

Mortgage 0 0 0
Other debt 0 + 13,500 13,500
Total debt 0 + 13,500 13,500
Change
Cash 5,000 +14,500 19,500
Investments 987 +1,531 2,518
Retirement acc 0 +5,000 5,000
Real estate 0 0 0
Other assets 0 0 0
Total assets 5,987 +21,031 27,018

Mortgage 0 0 0
Other debt 0 + 13,500 13,500
Total debt 0 + 13,500 13,500

I am now 0.9% on my way to achive my FIRE target of EUR 3,000,000. This is 0.7 percentage points closer, compared to the last net worth update.

EUR 27,018 FIRE target: EUR 3,000,000


0.9%

FI portfolio

My FI portfolio now consists of EUR 2,518 (9.3%) in investments, EUR 5,000 (18.5%) in retirement accounts, and EUR 19,500 (72.2%) in cash.

Investments

Since my last update, my investments increased with EUR 1,531 (155.12%), of which EUR 1,559 was from contributions, and EUR -28 was from returns.

Since I started tracking, my total contributions have been EUR 1,559, and my total return has been EUR -28.

Retirement accounts

Since my last update, my retirement accounts increased with EUR 5,000 (100%).

Since I started tracking, my total contributions have been EUR 0, and my total return is EUR 5,000.




How much can I withdraw according to the 4%-rule?

If I quit working today, my monthly pay out would be EUR 90 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
90/month
(4.0% SWR)
78/month
(3.5% SWR)
67/month
(3.0% SWR)


When can I retire?

FI date

My age

52

I am currently aiming to save/invest approximately EUR 2,500 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 3,000,000 in 20 years and 8 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another EUR 710,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 2,262,982


Financial independence forecast