This is my #2 net worth update. Please check out my profile here for more information. As of 2019-08-31T00:00:00Z, my net worth increased to EUR -7,852 and my FI portfolio increased to EUR 3,343
I am now 0.3% on my way to achive my FIRE target of EUR 1,000,000. This is 0.1 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of EUR 718 (21.5%) in investments, EUR 1,258 (37.6%) in retirement accounts, and EUR 1,367 (40.9%) in cash.
Since my last update, my investments increased with EUR 138 (23.79%).
Since my last update, my retirement accounts decreased with EUR -6 (-0.47%).
If I quit working today, my monthly pay out would be EUR 11 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of EUR 1,000,000 in 19 years and 10 months, in 2041-11-30T00:00:00Z, and at that time I will be 48 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 729,657