Here is my annual update.
Our family annual spending went up to 75kchf.
I expect expenses to got even higher in 2024 with 12 months of daycare.
I’ve reviewed few metrics accordingly.
| Debt ratio | 11,48% |
|---|---|
| Safe Withdrawal Rate (SWR) | 3,50% |
| Target Annual Expenses | 75 000 € |
| Target Net Worth to FI | 2 142 857 € |
| FI ratio | 51,36% |
| Guardrail to go back to work | 1 425 926 € |
My net worth progressed slowly in 2023 but still too much cash saved for a real estale investment that didn’t concretise:
My goal for 2024 will be to invest the extra cash to reach my target of 60% 