Net worth update per June 7th 2024
This is silversword11's #14 net worth update. Please check out my profile here for more information. As of June 7th 2024, my net worth increased to EUR 102,882 and my FI portfolio increased to EUR 102,882
Net worth
EUR 102,882
Since the last update on May 9th 2024 my net worth has increased with EUR 4,275 (+ 4.34 %).
FI portfolio
EUR 102,882
Since the last update on May 9th 2024 my FI portfolio has increased with EUR 4,275 (+ 4.34 %).
The per-day change in net worth between the reported periods are shown in the plot below.
And the development and changes between each net worth reporting is shown in the tables below.
The changes for each asset class is shown in the table below. All numbers are in EUR.
I am now 51.4% on my way to achive my FIRE target of EUR 200,000. This is 2.1 percentage points closer, compared to the last net worth update.
EUR 102,882 FIRE target: EUR 200,000
FI portfolio
My FI portfolio now consists of EUR 101,600 (98.8%) in investments, and EUR 1,282 (1.2%) in cash.
Since my last update, my investments
increased
with EUR 4,300
(4.42%), of which
EUR
2,500
was from
contributions, and EUR
3,300 was from
returns.
Since I started tracking, my total contributions have been
EUR
72,560,
and my total return has been
EUR
20,140.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be EUR 342 for the rest of my life.
Monthly SWR amount
Retire today with (EUR)
When can I retire?
FI date
November 2026
My age
27
I am currently aiming to save/invest
approximately EUR
2,500
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 200,000
in 1 years and 4 months,
in November 2026, and at that time I will be
27 years old.
By that time I will have invested/saved
another EUR 72,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
24,618