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Net worth update per


This is empathicOtter7's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to EUR 97,500 and my FI portfolio increased to EUR 97,500


Net worth

EUR 97,500

Since the last update on my net worth has increased with EUR 1,695 (+ 1.77 %).

FI portfolio

EUR 97,500

Since the last update on my FI portfolio has increased with EUR 1,695 (+ 1.77 %).

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 15,850 +150 16,000
Investments 57,380 +1,120 58,500
Retirement acc 22,575 +425 23,000
Real estate 0 0 0
Other assets 0 0 0
Total assets 95,805 +1,695 97,500

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 15,850 +150 16,000
Investments 57,380 +1,120 58,500
Retirement acc 22,575 +425 23,000
Real estate 0 0 0
Other assets 0 0 0
Total assets 95,805 +1,695 97,500

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 15,850 +150 16,000
Investments 57,380 +1,120 58,500
Retirement acc 22,575 +425 23,000
Real estate 0 0 0
Other assets 0 0 0
Total assets 95,805 +1,695 97,500

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

I am now 9.8% on my way to achive my FIRE target of EUR 1,000,000. This is 0.2 percentage points closer, compared to the last net worth update.

EUR 97,500 FIRE target: EUR 1,000,000


9.8%

FI portfolio

My FI portfolio now consists of EUR 58,500 (60.0%) in investments, EUR 23,000 (23.6%) in retirement accounts, and EUR 16,000 (16.4%) in cash.

Investments

Since my last update, my investments increased with EUR 1,120 (1.95%), of which EUR 1,120 was from contributions, and EUR 0 was from returns.

Since I started tracking, my total contributions have been EUR 1,120, and my total return has been EUR 0.

Retirement accounts

Since my last update, my retirement accounts increased with EUR 425 (1.88%), of which EUR 425 was from contributions , and EUR 0 was from returns.

Since I started tracking, my total contributions have been EUR 425, and my total return is EUR 0.




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

If I quit working today, my monthly pay out would be EUR 325 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
325/month
(4.0% SWR)
284/month
(3.5% SWR)
243/month
(3.0% SWR)


When can I retire?

FI date

My age

43

I am currently aiming to save/invest approximately EUR 1,500 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 13 years and 11 months, in , and at that time I will be 43 years old.

By that time I will have invested/saved another EUR 268,500, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 634,000


Financial independence forecast