Net worth update per November 1st 2024
This is IG_00's #23 net worth update. Please check out my profile here for more information. As of November 1st 2024, my net worth increased to EUR 179,500 and my FI portfolio increased to EUR 179,500
Net worth
EUR 179,500
Since the last update on October 1st 2024 my net worth has increased with EUR 4,500 (+ 2.57 %).
FI portfolio
EUR 179,500
Since the last update on October 1st 2024 my FI portfolio has increased with EUR 4,500 (+ 2.57 %).
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 17.9% on my way to achive my FIRE target of EUR 1,000,000. This is 0.4 percentage points closer, compared to the last net worth update.
EUR 179,500 FIRE target: EUR 1,000,000
FI portfolio
My FI portfolio now consists of EUR 90,500 (50.4%) in investments, and EUR 89,000 (49.6%) in cash.
Since my last update, my investments
increased
with EUR 3,500
(4.02%), of which
EUR
2,000
was from
contributions, and EUR
0 was from
returns.
Since I started tracking, my total contributions have been
EUR
32,000,
and my total return has been
EUR
46,000.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be EUR 598 for the rest of my life.
Monthly SWR amount
Retire today with (EUR)
When can I retire?
FI date
September 2039
My age
42
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 2 months,
in September 2039, and at that time I will be
42 years old.
By that time I will have invested/saved
another EUR 356,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
464,500