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 2020-01-05T00:00:00Z, my net worth was EUR 405,826 and my FI portfolio was EUR 284,771.
I am now 14.2% on my way to achive my FIRE target of EUR 2,000,000.
My FI portfolio now consists of EUR 35,704 (12.5%) in investments, EUR 98,090 (34.4%) in retirement accounts, and EUR 150,977 (53.0%) in cash.
If I quit working today, my monthly pay out would be EUR 949 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 2,000,000 in 20 years and 0 months, in 2040-03-05T00:00:00Z, and at that time I will be 54 years old.
By that time I will have invested/saved another EUR 242,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 1,473,229