Net worth update per
This is backfire'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 169,584 and my FI portfolio was EUR 169,584.
Net worth
EUR 169,584
FI portfolio
EUR 169,584
I am now 37.7% on my way to achive my FIRE target of EUR 450,000.
EUR 169,584 FIRE target: EUR 450,000
FI portfolio
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.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be EUR 565 for the rest of my life.
Retire today with (EUR)
When can I retire?
FI date
My age
59
I am currently aiming to save/invest
approximately EUR
1,100
each month.
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 6 years and 11 months,
in , 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