This is my #5 net worth update. Please check out my profile here for more information. As of 2021-05-01T00:00:00Z, my net worth increased to EUR 851,800 and my FI portfolio increased to EUR 553,600
I am now 39.5% on my way to achive my FIRE target of EUR 1,400,000. This is 3.4 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of EUR 410,000 (74.1%) in investments, EUR 88,600 (16.0%) in retirement accounts, and EUR 55,000 (9.9%) in cash.
Since my last update, my investments increased with EUR 45,000 (12.33%).
Since my last update, my retirement accounts increased with EUR 2,100 (2.43%).
If I quit working today, my monthly pay out would be EUR 1,845 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 1,400,000 in 6 years and 0 months, in 2027-07-01T00:00:00Z, and at that time I will be 45 years old.
By that time I will have invested/saved another EUR 518,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 328,400