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 2020-02-22T00:00:00Z, my net worth was EUR 105,500 and my FI portfolio was EUR 105,500.
I am now 17.6% on my way to achive my FIRE target of EUR 600,000.
My FI portfolio now consists of EUR 93,500 (88.6%) in investments, and EUR 12,000 (11.4%) in cash.
If I quit working today, my monthly pay out would be EUR 351 for the rest of my life.
I am currently aiming to save/invest
approximately EUR 1,000
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 600,000 in 11 years and 10 months, in 2032-02-22T00:00:00Z, and at that time I will be 40 years old.
By that time I will have invested/saved another EUR 144,000, while the rest will be return on my existing FI portfolio and the new investments, in total EUR 350,500