This is GSFire'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 62,648 and my FI portfolio was EUR 43,814.
I am now 4.4% on my way to achive my FIRE target of EUR 1,000,000.
My FI portfolio now consists of EUR 13,100 (29.9%) in investments, EUR 7,459 (17.0%) in retirement accounts, and EUR 23,255 (53.1%) in cash.
If I quit working today, my monthly pay out would be EUR 146 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
500
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 23 years and 10 months,
in , and at that time I will be
56 years old.
By that time I will have invested/saved
another EUR 153,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
803,186