Net worth update per
This is Damien'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 345,500 and my FI portfolio was EUR 310,000.
Net worth
EUR 345,500
FI portfolio
EUR 310,000
I am now 31.0% on my way to achive my FIRE target of EUR 1,000,000.
EUR 310,000 FIRE target: EUR 1,000,000
FI portfolio
My FI portfolio now consists of EUR 135,000 (43.5%) in investments, EUR 93,000 (30.0%) in retirement accounts, and EUR 82,000 (26.5%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be EUR 1,033 for the rest of my life.
Retire today with (EUR)
When can I retire?
FI date
My age
40
I am currently aiming to save/invest
approximately EUR
2,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 1,000,000
in 6 years and 4 months,
in , and at that time I will be
40 years old.
By that time I will have invested/saved
another EUR 216,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
474,000