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Net worth update per February 13th 2021



This is firefighter's #44 net worth update. Please check out my profile here for more information. As of February 13th 2021, my net worth increased to EUR 323,776 and my FI portfolio increased to EUR 323,776


Net worth

EUR 323,776

Since the last update on January 13th 2021 my net worth has increased with EUR 10,520 (+ 3.36 %).

FI portfolio

EUR 323,776

Since the last update on January 13th 2021 my FI portfolio has increased with EUR 10,520 (+ 3.36 %).

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 38.1% on my way to achive my FIRE target of EUR 850,000. This is 1.2 percentage points closer, compared to the last net worth update.

EUR 323,776 FIRE target: EUR 850,000


38.1%


FI portfolio


My FI portfolio now consists of EUR 320,776 (99.1%) in investments, and EUR 3,000 (0.9%) in cash.

Investments

Since my last update, my investments increased with EUR 10,520 (3.39%), 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 1,079 for the rest of my life.


Monthly SWR amount
Retire today with (EUR)
1,079/month
(4.0% SWR)
944/month
(3.5% SWR)
809/month
(3.0% SWR)


When can I retire?


FI date

July 2029


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 1 months, in July 2029, and at that time I will be 44 years old.

By that time I will have invested/saved another EUR 242,400, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 283,824


Financial independence forecast