This is muk85'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 30,000 and my FI portfolio was EUR 15,000.
I am now 1.5% on my way to achive my FIRE target of EUR 1,000,000.
My FI portfolio now consists of EUR 4,000 (26.7%) in investments, EUR 10,000 (66.7%) in retirement accounts, and EUR 1,000 (6.7%) in cash.
If I quit working today, my monthly pay out would be EUR 50 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
600
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 21 years and 1 months,
in , and at that time I will be
59 years old.
By that time I will have invested/saved
another EUR 182,400,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
802,600