This is empathicBoa6'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 EUR 353,500 and my FI portfolio was EUR 207,000.
I am now 13.8% on my way to achive my FIRE target of EUR 1,500,000.
My FI portfolio now consists of EUR 54,000 (26.1%) in investments, EUR 32,000 (15.5%) in retirement accounts, and EUR 121,000 (58.5%) in cash.
If I quit working today, my monthly pay out would be EUR 690 for the rest of my life.
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 5 years and 3 months,
in , and at that time I will be
48 years old.
By that time I will have invested/saved
another EUR 730,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
563,000