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Net worth update per October 1st 2021


This is empathicBoa6's #13 net worth update. Please check out my profile here for more information. As of October 1st 2021, my net worth decreased to EUR 707,196 and my FI portfolio decreased to EUR 586,630


Net worth

EUR 707,196

Since the last update on September 1st 2021 my net worth has decreased with EUR -189,418 ( -21.13 %).

FI portfolio

EUR 586,630

Since the last update on September 1st 2021 my FI portfolio has decreased with EUR -9,420 ( -1.58 %).

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 Sep 21 Change 1 Oct 21
Cash 78,150 +24,050 102,200
Investments 417,000 -32,000 385,000
Retirement acc 100,900 -1,470 99,430
Real estate 550,000 + 945,000 1,495,000
Other assets 0 0 0
Total assets 1,146,050 +935,580 2,081,630

Mortgage 249,436 1,124,998 1,374,434
Other debt 0 0 0
Total debt 249,436 1,124,998 1,374,434
1 Jan 20 Change 1 Oct 21
Cash 86,600 +15,600 102,200
Investments 142,000 +243,000 385,000
Retirement acc 58,500 +40,930 99,430
Real estate 521,000 + 974,000 1,495,000
Other assets 0 0 0
Total assets 808,100 +1,273,530 2,081,630

Mortgage 260,200 1,114,234 1,374,434
Other debt 0 0 0
Total debt 260,200 1,114,234 1,374,434
1 Jul 18 Change 1 Oct 21
Cash 121,000 -18,800 102,200
Investments 54,000 +331,000 385,000
Retirement acc 32,000 +67,430 99,430
Real estate 437,000 + 1,058,000 1,495,000
Other assets 0 0 0
Total assets 644,000 +1,437,630 2,081,630

Mortgage 290,500 1,083,934 1,374,434
Other debt 0 0 0
Total debt 290,500 + 1,083,934 1,374,434

I am now 39.1% on my way to achive my FIRE target of EUR 1,500,000. This is -0.6 percentage points closer, compared to the last net worth update.

EUR 586,630 FIRE target: EUR 1,500,000


39.1%

FI portfolio

My FI portfolio now consists of EUR 385,000 (65.6%) in investments, EUR 99,430 (16.9%) in retirement accounts, and EUR 102,200 (17.4%) in cash.

Investments

Since my last update, my investments decreased with EUR -32,000 (-7.67%).

Retirement accounts

Since my last update, my retirement accounts decreased with EUR -1,470 (-1.46%).




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

If I quit working today, my monthly pay out would be EUR 1,955 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
1,955/month
(4.0% SWR)
1,711/month
(3.5% SWR)
1,466/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 7 months, in February 2029, and at that time I will be 46 years old.

By that time I will have invested/saved another EUR 440,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 473,370


Financial independence forecast