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Net worth update per


This is gerphanes's #5 net worth update. Please check out my profile here for more information. As of , my net worth increased to EUR 619,000 and my FI portfolio increased to EUR 609,000


Net worth

EUR 619,000

Since the last update on my net worth has increased with EUR 74,000 (+ 13.58 %).

FI portfolio

EUR 609,000

Since the last update on my FI portfolio has increased with EUR 64,000 (+ 11.74 %).

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 79,000 -30,000 49,000
Investments 352,000 +78,000 430,000
Retirement acc 114,000 +16,000 130,000
Real estate 0 0 0
Other assets 0 + 10,000 10,000
Total assets 545,000 +74,000 619,000

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 79,000 -30,000 49,000
Investments 352,000 +78,000 430,000
Retirement acc 114,000 +16,000 130,000
Real estate 0 0 0
Other assets 0 + 10,000 10,000
Total assets 545,000 +74,000 619,000

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 71,000 -22,000 49,000
Investments 56,000 +374,000 430,000
Retirement acc 68,000 +62,000 130,000
Real estate 0 0 0
Other assets 0 + 10,000 10,000
Total assets 195,000 +424,000 619,000

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 40.6% on my way to achive my FIRE target of EUR 1,500,000. This is 4.3 percentage points closer, compared to the last net worth update.

EUR 609,000 FIRE target: EUR 1,500,000


40.6%

FI portfolio

My FI portfolio now consists of EUR 430,000 (70.6%) in investments, EUR 130,000 (21.3%) in retirement accounts, and EUR 49,000 (8.0%) in cash.

Investments

Since my last update, my investments increased with EUR 78,000 (22.16%), of which EUR 113,000 was from contributions, and EUR -35,000 was from returns.

Since I started tracking, my total contributions have been EUR 164,500, and my total return has been EUR 209,500.

Retirement accounts

Since my last update, my retirement accounts increased with EUR 16,000 (14.04%), of which EUR 8,000 was from contributions , and EUR 8,000 was from returns.

Since I started tracking, my total contributions have been EUR 23,000, and my total return is EUR 39,000.




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

If I quit working today, my monthly pay out would be EUR 2,030 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
2,030/month
(4.0% SWR)
1,776/month
(3.5% SWR)
1,522/month
(3.0% SWR)


When can I retire?

FI date

My age

41

I am currently aiming to save/invest approximately EUR 6,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 1,500,000 in 4 years and 7 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another EUR 432,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 459,000


Financial independence forecast