This is Double_A'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 312,855 and my FI portfolio was CHF 312,855.
I am now 20.9% on my way to achive my FIRE target of CHF 1,500,000.
My FI portfolio now consists of CHF 93,000 (29.7%) in investments, CHF 8,795 (2.8%) in retirement accounts, and CHF 211,060 (67.5%) in cash.
If I quit working today, my monthly pay out would be CHF 1,042 for the rest of my life.
I am currently aiming to save/invest
approximately CHF
4,000
each month.
Assuming an annual return of
5% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CHF 1,500,000
in 8 years and 11 months,
in , and at that time I will be
41 years old.
By that time I will have invested/saved
another CHF 692,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CHF
495,145