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Net worth update per



This is lachs'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 33,000 and my FI portfolio was EUR 33,000.


Net worth

EUR 33,000

FI portfolio

EUR 33,000

I am now 6.6% on my way to achive my FIRE target of EUR 500,000.

EUR 33,000 FIRE target: EUR 500,000


6.6%

FI portfolio


My FI portfolio now consists of and EUR 33,000 (100.0%) in cash.




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



If I quit working today, my monthly pay out would be EUR 110 for the rest of my life.

Retire today with (EUR)
110/month
(4.0% SWR)
96/month
(3.5% SWR)
82/month
(3.0% SWR)


When can I retire?


FI date


My age

49

I am currently aiming to save/invest approximately EUR 1,600 each month.

Assuming an annual return of 5% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 500,000 in 10 years and 4 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another EUR 300,800, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 166,200


Financial independence forecast