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Net worth update per December 13th 2018



This is firefighter's #18 net worth update. Please check out my profile here for more information. As of December 13th 2018, my net worth decreased to EUR 204,189 and my FI portfolio decreased to EUR 204,189


Net worth

EUR 204,189

Since the last update on November 13th 2018 my net worth has decreased with EUR -3,144 ( -1.52 %).

FI portfolio

EUR 204,189

Since the last update on November 13th 2018 my FI portfolio has decreased with EUR -3,144 ( -1.52 %).

The per-day change in net worth between the reported periods are shown in the plot below.



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.

I am now 24.0% on my way to achive my FIRE target of EUR 850,000. This is -0.4 percentage points closer, compared to the last net worth update.

EUR 204,189 FIRE target: EUR 850,000


24.0%


FI portfolio


My FI portfolio now consists of EUR 201,189 (98.5%) in investments, and EUR 3,000 (1.5%) in cash.

Investments

Since my last update, my investments decreased with EUR -3,144 (-1.54%), of which EUR 2,000 was from contributions, and EUR 69,611 was from returns.

Since I started tracking, my total contributions have been EUR 215,100, and my total return has been EUR 296,894.




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


If I quit working today, my monthly pay out would be EUR 680 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
680/month
(4.0% SWR)
595/month
(3.5% SWR)
510/month
(3.0% SWR)


When can I retire?


FI date

February 2030


My age

44

I am currently aiming to save/invest approximately EUR 2,400 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 850,000 in 4 years and 8 months, in February 2030, and at that time I will be 44 years old.

By that time I will have invested/saved another EUR 321,600, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 324,211


Financial independence forecast