This is KaffeKroken's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of 2020-06-12T00:00:00Z, my net worth was NOK 1,940,000 and my FI portfolio was NOK 350,000.
I am now 7.0% on my way to achive my FIRE target of NOK 5,000,000.
My FI portfolio now consists of NOK 225,000 (64.3%) in investments, and NOK 125,000 (35.7%) in cash.
If I quit working today, my monthly pay out would be NOK 1,166 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 5,000,000 in 6 years and 10 months, in 2030-08-12T00:00:00Z, and at that time I will be 39 years old.
By that time I will have invested/saved another NOK 2,440,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 2,210,000