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Net worth update per


This is scornfulViper5's #2 net worth update. Please check out my profile here for more information. As of , my net worth decreased to EUR 50,002 and my FI portfolio decreased to EUR 50,002


Net worth

EUR 50,002

Since the last update on my net worth has decreased with EUR -277,998 ( -84.76 %).

FI portfolio

EUR 50,002

Since the last update on my FI portfolio has decreased with EUR -275,498 ( -84.64 %).

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 2,500 +47,500 50,000
Investments 323,000 -322,999 1
Retirement acc 0 +1 1
Real estate 0 0 0
Other assets 2,500 -2,500 0
Total assets 328,000 -277,998 50,002

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 2,500 +47,500 50,000
Investments 323,000 -322,999 1
Retirement acc 0 +1 1
Real estate 0 0 0
Other assets 2,500 -2,500 0
Total assets 328,000 -277,998 50,002

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 2,500 +47,500 50,000
Investments 323,000 -322,999 1
Retirement acc 0 +1 1
Real estate 0 0 0
Other assets 2,500 -2,500 0
Total assets 328,000 -277,998 50,002

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 5.0% on my way to achive my FIRE target of EUR 1,000,000. This is -27.5 percentage points closer, compared to the last net worth update.

EUR 50,002 FIRE target: EUR 1,000,000


5.0%

FI portfolio

My FI portfolio now consists of EUR 1 (0.0%) in investments, EUR 1 (0.0%) in retirement accounts, and EUR 50,000 (100.0%) in cash.

Investments

Since my last update, my investments decreased with EUR -322,999 (-100.0%).

Retirement accounts

Since my last update, my retirement accounts increased with EUR 1 (100%).




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

If I quit working today, my monthly pay out would be EUR 166 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
166/month
(4.0% SWR)
145/month
(3.5% SWR)
125/month
(3.0% SWR)


When can I retire?

FI date

My age

37

I am currently aiming to save/invest approximately EUR 12,000 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 2 months, in , and at that time I will be 37 years old.

By that time I will have invested/saved another EUR 732,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 217,998


Financial independence forecast