Net worth update per
This is wittiko's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to EUR -279,000 and my FI portfolio increased to EUR 20,000
Net worth
EUR -279,000
Since the last update on my net worth has increased with EUR 1,100 (+ -0.39 %).
FI portfolio
EUR 20,000
Since the last update on my FI portfolio has increased with EUR 100 (+ 0.5 %).
And the development and changes between each net worth reporting is shown in the tables below.
The changes for each asset class is shown in the table below. All numbers are in EUR.
I am now 1.4% on my way to achive my FIRE target of EUR 1,400,000. This is 0.0 percentage points closer, compared to the last net worth update.
EUR 20,000 FIRE target: EUR 1,400,000
FI portfolio
My FI portfolio now consists of EUR 8,200 (41.0%) in investments, and EUR 11,800 (59.0%) in cash.
Since my last update, my investments
increased
with EUR 900
(12.33%), of which
EUR
100
was from
contributions, and EUR
800 was from
returns.
Since I started tracking, my total contributions have been
EUR
100,
and my total return has been
EUR
800.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be EUR 66 for the rest of my life.
Monthly SWR amount
Retire today with (EUR)
When can I retire?
FI date
My age
58
I am currently aiming to save/invest
approximately EUR
1,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 1,400,000
in 22 years and 4 months,
in , and at that time I will be
58 years old.
By that time I will have invested/saved
another EUR 296,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
1,084,000