This is my #2 net worth update. Please check out my profile here for more information. As of 2022-07-11T00:00:00Z, my net worth increased to EUR 260,000 and my FI portfolio increased to EUR 250,000
And the development and changes between each net worth reporting is shown in the tables below.
I am now 16.7% on my way to achive my FIRE target of EUR 1,500,000. This is 0.9 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of EUR 200,000 (80.0%) in investments, EUR 25,000 (10.0%) in retirement accounts, and EUR 25,000 (10.0%) in cash.
Since my last update, my investments increased with EUR 10,000 (5.26%).
Since my last update, my retirement accounts decreased with EUR 0 (0.0%).
If I quit working today, my monthly pay out would be EUR 833 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 1,500,000 in 20 years and 0 months, in 2042-10-11T00:00:00Z, and at that time I will be 53 years old.
By that time I will have invested/saved another EUR 364,500, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 885,500