Net worth update per January 18th 2024
This is Bakonium's #8 net worth update. Please check out my profile here for more information. As of January 18th 2024, my net worth increased to EUR 68,238 and my FI portfolio increased to EUR 68,238
Net worth
EUR 68,238
Since the last update on July 18th 2023 my net worth has increased with EUR 9,587 (+ 16.35 %).
FI portfolio
EUR 68,238
Since the last update on July 18th 2023 my FI portfolio has increased with EUR 9,587 (+ 16.35 %).
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 3.6% on my way to achive my FIRE target of EUR 1,920,000. This is 0.5 percentage points closer, compared to the last net worth update.
EUR 68,238 FIRE target: EUR 1,920,000
FI portfolio
My FI portfolio now consists of EUR 49,762 (72.9%) in investments, EUR 4,141 (6.1%) in retirement accounts, and EUR 14,335 (21.0%) in cash.
Since my last update, my investments decreased with EUR -2,092 (-4.03%).
Since my last update, my retirement accounts increased with EUR 751 (22.15%).
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be EUR 227 for the rest of my life.
Monthly SWR amount
Retire today with (EUR)
When can I retire?
FI date
December 2061
My age
62
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 36 years and 5 months,
in December 2061, and at that time I will be
62 years old.
By that time I will have invested/saved
another EUR 227,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total EUR
1,624,262