This is FIRELINE'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 320,774 and my FI portfolio was CHF 320,774.
I am now 32.1% on my way to achive my FIRE target of CHF 1,000,000.
My FI portfolio now consists of CHF 136,924 (42.7%) in investments, CHF 96,746 (30.2%) in retirement accounts, and CHF 87,104 (27.2%) in cash.
If I quit working today, my monthly pay out would be CHF 1,069 for the rest of my life.
I am currently aiming to save/invest
approximately CHF
6,400
each month.
Assuming an annual return of
5% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CHF 1,000,000
in 2 years and 11 months,
in , and at that time I will be
42 years old.
By that time I will have invested/saved
another CHF 492,800,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CHF
186,426