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Net worth update per


This is surrealBits's #9 net worth update. Please check out my profile here for more information. As of , my net worth increased to EUR 300,000 and my FI portfolio decreased to EUR 35,000


Net worth

EUR 300,000

Since the last update on my net worth has increased with EUR 10,000 (+ 3.45 %).

FI portfolio

EUR 35,000

Since the last update on my FI portfolio has decreased with EUR -15,000 ( -30.0 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in EUR.
Change
Cash 50,000 -15,000 35,000
Investments 0 0 0
Retirement acc 0 0 0
Real estate 330,000 0 330,000
Other assets 0 + 250,000 250,000
Total assets 380,000 +235,000 615,000

Mortgage 90,000 225,000 315,000
Other debt 0 0 0
Total debt 90,000 225,000 315,000
Change
Cash 50,000 -15,000 35,000
Investments 0 0 0
Retirement acc 0 0 0
Real estate 330,000 0 330,000
Other assets 0 + 250,000 250,000
Total assets 380,000 +235,000 615,000

Mortgage 90,000 225,000 315,000
Other debt 0 0 0
Total debt 90,000 225,000 315,000
Change
Cash 26,000 +9,000 35,000
Investments 0 0 0
Retirement acc 0 0 0
Real estate 0 + 330,000 330,000
Other assets 0 + 250,000 250,000
Total assets 26,000 +589,000 615,000

Mortgage 0 315,000 315,000
Other debt 0 0 0
Total debt 0 + 315,000 315,000

I am now 2.9% on my way to achive my FIRE target of EUR 1,200,000. This is -1.3 percentage points closer, compared to the last net worth update.

EUR 35,000 FIRE target: EUR 1,200,000


2.9%

FI portfolio

My FI portfolio now consists of and EUR 35,000 (100.0%) in cash.

Investments

Since my last update, my investments decreased with EUR 0 (0%), of which EUR 30,000 was from contributions, and EUR 0 was from returns.

Since I started tracking, my total contributions have been EUR 50,000, and my total return has been EUR 0.




How much can I withdraw according to the 4%-rule?

If I quit working today, my monthly pay out would be EUR 116 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
116/month
(4.0% SWR)
102/month
(3.5% SWR)
87/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately EUR 4,000 each month.

Assuming an annual return of 5% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 1,200,000 in 12 years and 6 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another EUR 760,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 405,000


Financial independence forecast