Tuesday, 1 May 2018


IT IS FANTASTIC! I can scarce believe it.
I look at the numbers, add them up again and again. I only hoped for this day but it has happened.
My savings have broken a major number and my financial independence number is currently 37,35.

It is the division of my annual budget to the total amount of assets to my name (excluding the value of my tiny studio apartment as I will always have to live somewhere as well as pension rights that I currently cannot access and has an unknown value the day I can). It reads that my current assets could support my current lifestyle for over 37 years with the hope that dividends and interests makes up for price increases and inflation (of which nothing can be know of course).

To be completely honest with myself, the actual FI-number is currently higher but unusual for me, I currently have debts. I owe taxes that must be paid later in the year and I owe the remainder on the new bicycle I have ordered but not yet paid in full. These are debts that I cannot deny and therefore must deduct from my total assets. I have had no other debt since 2010 when I paid off student loans as well as the remainder of my then mortgage.

I am still a little shell shocked. It is an enormous amount of money. 
It is much more than the amount of money I dreamed about in 2010 when I started my ERE-trip. (Use the ERE-labels to read all posts summarising the different steps.)

It is much more money than I possibly need since I still work (although only four days a week).
It is the result of not spending money more than earning a lot of money (or will earn in the future according to the new owner of the company I currently work for).
It is the result of a lot of hard work, a lot of personal decisions, a lot of doing things with a different attitude to money than most.
It is the collected results of a lot of small decisions made every day, every hour.

I will now aim to hold and grow with very little risk and less tax effects for the future.

Again, I never thought I would reach this point and I am very grateful to the 2010 version of myself starting on this frugalist road to less spending and savings using the ERE thinking


  1. Congratulations! What a tremendous feeling, eh?

    1. There is a lot of pinching myself going on today.

  2. Wow! I know you don't include pension benefits, but with those you should have a nice life, financially. Do you take inflation into account when you figure this out?

    1. No, no inflation predictions at all, just keeping my fingers crossed that interests and dividends will be enough. And if not a retired life much different than now, at least not filled with financial worries. Fingers crossed.