This is FICH'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 , my net worth was CHF 226,100 and my FI portfolio was CHF 181,600.
I am now 18.2% on my way to achive my FIRE target of CHF 1,000,000.
My FI portfolio now consists of CHF 44,000 (24.2%) in investments, CHF 54,000 (29.7%) in retirement accounts, and CHF 83,600 (46.0%) in cash.
If I quit working today, my monthly pay out would be CHF 605 for the rest of my life.
I am currently aiming to save/invest
approximately CHF
3,200
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CHF 1,000,000
in 5 years and 10 months,
in , and at that time I will be
41 years old.
By that time I will have invested/saved
another CHF 377,600,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CHF
440,800