This is spiritedGelding8'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 EUR 58,500 and my FI portfolio was EUR 57,000.
I am now 7.6% on my way to achive my FIRE target of EUR 750,000.
My FI portfolio now consists of EUR 34,000 (59.6%) in investments, EUR 3,000 (5.3%) in retirement accounts, and EUR 20,000 (35.1%) in cash.
If I quit working today, my monthly pay out would be EUR 190 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
1,000
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 750,000
in 20 years and 5 months,
in , and at that time I will be
47 years old.
By that time I will have invested/saved
another EUR 250,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
443,000