This is Lmipmmn'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 1,671,000 and my FI portfolio was EUR 1,012,000.
I am now 40.5% on my way to achive my FIRE target of EUR 2,500,000.
My FI portfolio now consists of EUR 750,000 (74.1%) in investments, EUR 250,000 (24.7%) in retirement accounts, and EUR 12,000 (1.2%) in cash.
If I quit working today, my monthly pay out would be EUR 3,373 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
500
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 2,500,000
in 6 years and 6 months,
in , and at that time I will be
51 years old.
By that time I will have invested/saved
another EUR 53,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
1,435,000