This my first post in this forum but I’ve been following the different topics for some time already.
I’m Portuguese in my mid-thirties and I’ve been living in Basel for the last 7 years. I’m married and I’ve two children’s, one boy with 3 months and an 2 year’s old girl.
I’ve always lived frugally and invested my savings since a young age. I always wanted to be financially free to take back control of my life but now with all the information out there on how to reach FIRE it has become much more clear to me how to achieve that life goal. Thank you all of you for all the great information in this forum and in all the blogs.
My current net worth is about 675k split as below:
Long term rental Portugal: 70k
Airbnb Portugal: 55k (100k mortgage)
House Switzerland: 145k (630k mortgage)
Pilar 2: 123k
Viac: 73k (mix shares, bonds & gold)
Degiro: 49k (IWDA & IUSN mostly)
I’ve invested mostly in real estate in last 10 years after losing about 60% of my investments in the stock market during the 2008 financial crisis. I will increase the portion of ETF’s in my portfolio to about 30% but will always have rental from real estate as primary source of income during FIRE.
My goal is to get to 1’000k net worth by 2024 to start a slow FIRE. I don’t want to stop working and I don’t want to leave Switzerland for now, I just want to work less hours, only do work that I enjoy and take more unpaid breaks to enjoy life with my family.