Savings rate = 45%
Total net worth increase = + 9,905 EUR
My increase in net worth is mostly due to an adjustment I made on my pension and not related to any “real” increase. I was very conservative about the amount of taxes I would pay if I decide to retrieve the cash from my pension account and I have adjusted that this month. This adjustment represents a 3,6k increase in my pension value.
I got a small salary increase and a small bonus. Unfortunately, the small bonus went almost entirely to pay for the adjustment of costs than landlords in Germany do on a yearly basis + some furniture we bought for baby #2, which will come at the end of March (very exciting!). So yes, even with a salary increase and a bonus, our savings rate was lower than usual.
|Net Cash flow Real Estate Business||3,200||+100|
|Security deposit for current house||2,000||-500|
|Rental Property #1||115,000||+0|
|Rental Property #2||120,000||+0|
I am now 38% FI 🙂