This is MrMemories'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 774,000 and my FI portfolio was EUR 466,000.
I am now 46.6% on my way to achive my FIRE target of EUR 1,000,000.
My FI portfolio now consists of EUR 340,000 (73.0%) in investments, EUR 100,000 (21.5%) in retirement accounts, and EUR 26,000 (5.6%) in cash.
If I quit working today, my monthly pay out would be EUR 1,553 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
3,500
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 1,000,000
in 1 years and 10 months,
in , and at that time I will be
48 years old.
By that time I will have invested/saved
another EUR 203,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
331,000