r/eupersonalfinance

I just want to document/celebrate this milestone somewhere. I am 30, I live in Estonia, and I just hit €150k in savings and investments (pre-tax). I also own an apartment, where my equity is €15k, and mortgage €75k.

Currently, out of the €150k, about €16k is uninvested, and the rest is invested in broad-market ETFs. I've been investing for about six years, starting with €9k in 2020. About €16k came from my parents, and the rest was saved from my salary. I invest about €1700 a month.

My goal is to retire as early as possible, which, hopefully, could be possible in about five years or so. Anyway, quite happy with how things are going so far :)

I moved most of my savings into VWCE last year (after panic-selling in 2020 and regretting it), and this January I got my first Vorabpauschale deduction for a fund I never sold.

My understanding so far:

• The tax office assumes a minimum return based on the Basiszins and taxes it in advance.
• On €10,000 in an equity ETF, that comes to roughly €41 for 2026, or €0 if you're within the €1,000 Sparerpauschbetrag with a Freistellungsauftrag set up.
• It's credited when you sell, so it isn't taxed twice.
• Distributions count against it, so acc vs dist is only a few euros apart this year.

Is that right, or am I missing something? And for those with larger portfolios, did it change whether you hold accumulating or distributing funds?