This is my 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 2020-02-20T00:00:00Z, my net worth was EUR 281,000 and my FI portfolio was EUR 91,000.
I am now 3.0% on my way to achive my FIRE target of EUR 3,000,000.
My FI portfolio now consists of EUR 1,000 (1.1%) in investments, EUR 70,000 (76.9%) in retirement accounts, and EUR 20,000 (22.0%) in cash.
If I quit working today, my monthly pay out would be EUR 303 for the rest of my life.
I am currently aiming to save/invest
approximately EUR 3,000
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 3,000,000 in 20 years and 4 months, in 2040-08-20T00:00:00Z, and at that time I will be 52 years old.
By that time I will have invested/saved another EUR 738,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 2,171,000