This is my 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 2019-12-16T00:00:00Z, my net worth was EUR 8,229 and my FI portfolio was EUR 8,229.
I am now 0.8% on my way to achive my FIRE target of EUR 1,000,000.
My FI portfolio now consists of EUR 4,083 (49.6%) in investments, EUR 980 (11.9%) in retirement accounts, and EUR 3,166 (38.5%) in cash.
If I quit working today, my monthly pay out would be EUR 27 for the rest of my life.
I am currently aiming to save/invest
approximately EUR 833
Assuming an annual return of 5% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 1,000,000 in 34 years and 11 months, in 2055-03-16T00:00:00Z, and at that time I will be 58 years old.
By that time I will have invested/saved another EUR 352,359, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 639,412