This is my 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 2021-06-06T00:00:00Z, my net worth was EUR 551,310 and my FI portfolio was EUR 238,000.
I am now 15.9% on my way to achive my FIRE target of EUR 1,500,000.
My FI portfolio now consists of EUR 158,000 (66.4%) in investments, EUR 50,000 (21.0%) in retirement accounts, and EUR 30,000 (12.6%) in cash.
If I quit working today, my monthly pay out would be EUR 793 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 1,500,000 in 12 years and 5 months, in 2033-12-06T00:00:00Z, and at that time I will be 58 years old.
By that time I will have invested/saved another EUR 375,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 887,000