This is blablatest'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 December 21st 2019, my net worth was EUR 28,000 and my FI portfolio was EUR 28,000.
I am now 2.8% on my way to achive my FIRE target of EUR 1,000,000.
My FI portfolio now consists of EUR 20,000 (71.4%) in investments, and EUR 8,000 (28.6%) in cash.
If I quit working today, my monthly pay out would be EUR 93 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
1,500
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 1,000,000
in 12 years and 2 months,
in August 2037, and at that time I will be
39 years old.
By that time I will have invested/saved
another EUR 318,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
654,000