This is Bakonium'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 5,649 and my FI portfolio was EUR 5,649.
I am now 0.3% on my way to achive my FIRE target of EUR 1,920,000.
My FI portfolio now consists of EUR 2,704 (47.9%) in investments, EUR 854 (15.1%) in retirement accounts, and EUR 2,091 (37.0%) in cash.
If I quit working today, my monthly pay out would be EUR 18 for the rest of my life.
I am currently aiming to save/invest
approximately EUR
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 1,920,000
in 39 years and 7 months,
in , and at that time I will be
65 years old.
By that time I will have invested/saved
another EUR 267,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
1,647,351