Net worth update per August 14th 2024
This is Nono'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 August 14th 2024, my net worth was EUR 55,789 and my FI portfolio was EUR 10,842.
Net worth
EUR 55,789
FI portfolio
EUR 10,842
I am now 1.1% on my way to achive my FIRE target of EUR 1,000,000.
EUR 10,842 FIRE target: EUR 1,000,000
FI portfolio
My FI portfolio now consists of EUR 5,737 (52.9%) in investments, EUR 3,105 (28.6%) in retirement accounts, and EUR 2,000 (18.4%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be EUR 36 for the rest of my life.
Retire today with (EUR)
When can I retire?
FI date
May 2051
My age
55
I am currently aiming to save/invest
approximately EUR
1,000
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of EUR 1,000,000
in 25 years and 11 months,
in May 2051, and at that time I will be
55 years old.
By that time I will have invested/saved
another EUR 321,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
668,158