This is rickno1'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 4,450 and my FI portfolio was EUR 4,200.
I am now 0.1% on my way to achive my FIRE target of EUR 5,000,000.
My FI portfolio now consists of EUR 3,500 (83.3%) in investments, and EUR 700 (16.7%) in cash.
If I quit working today, my monthly pay out would be EUR 14 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
2,200
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 5,000,000
in 26 years and 7 months,
in , and at that time I will be
49 years old.
By that time I will have invested/saved
another EUR 789,800,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
4,206,000