update 08.02.2021
Here are our FI goals!
Get to our first Milestone of 480 000 € or 1.600 € monthly (lower end FI).
Get to our second Milestone of 600 000 € or 2.000 € monthly (confortable FI).
Check here why this milestones. Those objectives are net meaning we exclude housing costs.
Million Dollar Club

I found out about a nice challenge called the Million Dollar Club ! Even if both our milestones seem to be far of from 1 million euros (wow its even hard to put it down in writting), why not try it?
My Millionaire’s todo list
- Keep our expenses at max 1.600 € average monthly (without housing)
- Save at least 30% of our savings or a minimum of 1.600 €
- Only invest in Real Estate with minimum cash-to-cash return of 10% otherwise invest in portfolio
- Increase my networth by 10% each year
If i use my own rules i could expect to be a Millionaire by the time i’m 42.
Mr.Firecrackers Age | Calendar year | Networth |
33 | 2021 | 450 000,00 € |
34 | 2022 | 495 000,00 € |
35 | 2023 | 544 500,00 € |
36 | 2024 | 598 950,00 € |
37 | 2025 | 658 845,00 € |
38 | 2026 | 724 729,50 € |
39 | 2027 | 797 202,45 € |
40 | 2028 | 876 922,70 € |
41 | 2029 | 964 614,96 € |
42 | 2030 | 1 061 076,46 € |
Goals By Year
2021
Financials
Savings rate at 18%
Increase networth in 10%
Starting a company and having revenue of at least 10k
Non-Financial
Remodel the farm houses
Finalize maintenance on the building we currently live
2020
Financials
Savings rate at 30% – done – more details here
Optional – find a new property to invest – done – more details here
Increase networth in 10% – done – more details here
Starting a company and having revenue of at least 10k – not done – more details here
Non-Financial
Remodel the farm houses – not done
Finalize maintenance on the building we currently live – not done
2019
Financials
Organizing monthly expenses (what goes where, when, etc) – done
Savings rate at 50% – failed. Managed to achieve 24%.
Sell Apartment 1 – done
Change ETF portfolio – done
Non-Financial
Get a new hobby – done. Actually more than one. Starting this blog, learning how to solder, home automation, etc.
Lose 10kg – failed