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 2023-05-06T00:00:00Z, 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
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 2044-03-06T00:00:00Z, 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