Net worth update per July 31st 2021
This is Alejandro23'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 July 31st 2021, my net worth was EUR 57,182 and my FI portfolio was EUR 47,477.
Net worth
EUR 57,182
FI portfolio
EUR 47,477
I am now 6.3% on my way to achive my FIRE target of EUR 750,000.
EUR 47,477 FIRE target: EUR 750,000
FI portfolio
My FI portfolio now consists of EUR 36,695 (77.3%) in investments, and EUR 10,782 (22.7%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be EUR 158 for the rest of my life.
Retire today with (EUR)
When can I retire?
FI date
May 2055
My age
58
I am currently aiming to save/invest
approximately EUR
500
each month.
Assuming an annual return of
5% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 750,000
in 30 years and 0 months,
in May 2055, and at that time I will be
58 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
499,523