This is FA40'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 136,822 and my FI portfolio was EUR 120,285.
I am now 20.0% on my way to achive my FIRE target of EUR 600,000.
My FI portfolio now consists of EUR 65,336 (54.3%) in investments, and EUR 54,949 (45.7%) in cash.
If I quit working today, my monthly pay out would be EUR 400 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
5,000
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 600,000
in 0 years and -5 months,
in , and at that time I will be
40 years old.
By that time I will have invested/saved
another EUR 355,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
124,715