This is RFrysk's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to EUR 116,000 and my FI portfolio increased to EUR 35,000
And the development and changes between each net worth reporting is shown in the tables below.
I am now 5.0% on my way to achive my FIRE target of EUR 700,000. This is 3.8 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of EUR 15,000 (42.9%) in investments, and EUR 20,000 (57.1%) in cash.
Since my last update, my investments
increased
with EUR 14,500
(2900.0%), of which
EUR
13,500
was from
contributions, and EUR
1,000 was from
returns.
Since I started tracking, my total contributions have been
EUR
13,500,
and my total return has been
EUR
1,000.
If I quit working today, my monthly pay out would be EUR 116 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
1,200
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 700,000
in 17 years and 1 months,
in , and at that time I will be
50 years old.
By that time I will have invested/saved
another EUR 284,400,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
380,600