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Net worth update per August 1st 2021


This is empathicBoa6's #11 net worth update. Please check out my profile here for more information. As of August 1st 2021, my net worth increased to EUR 863,134 and my FI portfolio increased to EUR 563,159


Net worth

EUR 863,134

Since the last update on July 1st 2021 my net worth has increased with EUR 25,885 (+ 3.09 %).

FI portfolio

EUR 563,159

Since the last update on July 1st 2021 my FI portfolio has increased with EUR 25,299 (+ 4.7 %).

The per-day change in net worth between the reported periods are shown in the plot below.


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.
1 Jul 21 Change 1 Aug 21
Cash 57,000 +19,000 76,000
Investments 386,000 +4,260 390,260
Retirement acc 94,860 +2,039 96,899
Real estate 550,000 0 550,000
Other assets 0 0 0
Total assets 1,087,860 +25,299 1,113,159

Mortgage 250,611 -586 250,025
Other debt 0 0 0
Total debt 250,611 -586 250,025
1 Jan 20 Change 1 Aug 21
Cash 86,600 -10,600 76,000
Investments 142,000 +248,260 390,260
Retirement acc 58,500 +38,399 96,899
Real estate 521,000 + 29,000 550,000
Other assets 0 0 0
Total assets 808,100 +305,059 1,113,159

Mortgage 260,200 -10,175 250,025
Other debt 0 0 0
Total debt 260,200 -10,175 250,025
1 Jul 18 Change 1 Aug 21
Cash 121,000 -45,000 76,000
Investments 54,000 +336,260 390,260
Retirement acc 32,000 +64,899 96,899
Real estate 437,000 + 113,000 550,000
Other assets 0 0 0
Total assets 644,000 +469,159 1,113,159

Mortgage 290,500 -40,475 250,025
Other debt 0 0 0
Total debt 290,500 -40,475 250,025

I am now 37.5% on my way to achive my FIRE target of EUR 1,500,000. This is 1.7 percentage points closer, compared to the last net worth update.

EUR 563,159 FIRE target: EUR 1,500,000


37.5%

FI portfolio

My FI portfolio now consists of EUR 390,260 (69.3%) in investments, EUR 96,899 (17.2%) in retirement accounts, and EUR 76,000 (13.5%) in cash.

Investments

Since my last update, my investments increased with EUR 4,260 (1.1%).

Retirement accounts

Since my last update, my retirement accounts increased with EUR 2,039 (2.15%).




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

If I quit working today, my monthly pay out would be EUR 1,877 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
1,877/month
(4.0% SWR)
1,642/month
(3.5% SWR)
1,407/month
(3.0% SWR)


When can I retire?

FI date

February 2029

My age

46

I am currently aiming to save/invest approximately EUR 5,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 1,500,000 in 3 years and 8 months, in February 2029, and at that time I will be 46 years old.

By that time I will have invested/saved another EUR 450,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 486,841


Financial independence forecast