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 2020-01-03T00:00:00Z, my net worth was EUR 65,000 and my FI portfolio was EUR 18,000.
I am now 1.8% on my way to achive my FIRE target of EUR 1,000,000.
My FI portfolio now consists of EUR 10,000 (55.6%) in retirement accounts, and EUR 8,000 (44.4%) in cash.
If I quit working today, my monthly pay out would be EUR 60 for the rest of my life.
I am currently aiming to save/invest
approximately EUR 1,000
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 4 months, in 2041-07-03T00:00:00Z, and at that time I will be 52 years old.
By that time I will have invested/saved another EUR 258,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 724,000