This is my 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 2022-06-19T00:00:00Z, my net worth was EUR 169,584 and my FI portfolio was EUR 169,584.
I am now 37.7% on my way to achive my FIRE target of EUR 450,000.
My FI portfolio now consists of EUR 91,000 (53.7%) in investments, EUR 42,584 (25.1%) in retirement accounts, and EUR 36,000 (21.2%) in cash.
If I quit working today, my monthly pay out would be EUR 565 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 450,000 in 8 years and 9 months, in 2031-04-19T00:00:00Z, and at that time I will be 59 years old.
By that time I will have invested/saved another EUR 116,600, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 163,816