This is IG_00'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 97,000 and my FI portfolio was EUR 97,000.
I am now 9.7% on my way to achive my FIRE target of EUR 1,000,000.
My FI portfolio now consists of EUR 32,000 (33.0%) in investments, and EUR 65,000 (67.0%) in cash.
If I quit working today, my monthly pay out would be EUR 323 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
2,000
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 14 years and 10 months,
in , and at that time I will be
43 years old.
By that time I will have invested/saved
another EUR 414,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
489,000