This is bitRoot'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 CHF 64,600 and my FI portfolio was CHF 64,600.
I am now 2.6% on my way to achive my FIRE target of CHF 2,500,000.
My FI portfolio now consists of CHF 25,200 (39.0%) in investments, CHF 28,500 (44.1%) in retirement accounts, and CHF 10,900 (16.9%) in cash.
If I quit working today, my monthly pay out would be CHF 215 for the rest of my life.
I am currently aiming to save/invest
approximately CHF
5,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CHF 2,500,000
in 10 years and 1 months,
in , and at that time I will be
43 years old.
By that time I will have invested/saved
another CHF 935,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CHF
1,500,400