This is Hendrik'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 17,900 and my FI portfolio was EUR 17,900.
I am now 3.6% on my way to achive my FIRE target of EUR 500,000.
My FI portfolio now consists of EUR 12,000 (67.0%) in investments, EUR 5,400 (30.2%) in retirement accounts, and EUR 500 (2.8%) in cash.
If I quit working today, my monthly pay out would be EUR 59 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
750
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 500,000
in 14 years and 9 months,
in , and at that time I will be
44 years old.
By that time I will have invested/saved
another EUR 153,750,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
328,350