Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per



This is firefighter's #2 net worth update. Please check out my profile here for more information. As of , my net worth decreased to EUR 425,000 and my FI portfolio decreased to EUR 425,000


Net worth

EUR 425,000

Since the last update on my net worth has decreased with EUR -14,000 ( -3.19 %).

FI portfolio

EUR 425,000

Since the last update on my FI portfolio has decreased with EUR -14,000 ( -3.19 %).


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.

I am now 65.4% on my way to achive my FIRE target of EUR 650,000. This is -2.2 percentage points closer, compared to the last net worth update.

EUR 425,000 FIRE target: EUR 650,000


65.4%


FI portfolio


My FI portfolio now consists of EUR 422,000 (99.3%) in investments, and EUR 3,000 (0.7%) in cash.

Investments

Since my last update, my investments decreased with EUR -14,000 (-3.21%), of which EUR 2,150 was from contributions, and EUR -16,150 was from returns.

Since I started tracking, my total contributions have been EUR 2,150, and my total return has been EUR -16,150.




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


If I quit working today, my monthly pay out would be EUR 1,416 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
1,416/month
(4.0% SWR)
1,239/month
(3.5% SWR)
1,062/month
(3.0% SWR)


When can I retire?


FI date


My age

40

I am currently aiming to save/invest approximately EUR 2,150 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 650,000 in 2 years and 10 months, in , and at that time I will be 40 years old.

By that time I will have invested/saved another EUR 75,250, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 149,750


Financial independence forecast