Net worth update per
This is Chessines'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 , my net worth was NOK 6,178,000 and my FI portfolio was NOK 3,055,000.
Net worth
NOK 6,178,000
FI portfolio
NOK 3,055,000
I am now 20.4% on my way to achive my FIRE target of NOK 15,000,000.
NOK 3,055,000 FIRE target: NOK 15,000,000
FI portfolio
My FI portfolio now consists of NOK 2,270,000 (74.3%) in investments, NOK 735,000 (24.1%) in retirement accounts, and NOK 50,000 (1.6%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be NOK 10,183 for the rest of my life.
Retire today with (NOK)
When can I retire?
FI date
My age
65
I am currently aiming to save/invest
approximately NOK
7,000
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 15,000,000
in 12 years and 5 months,
in , and at that time I will be
65 years old.
By that time I will have invested/saved
another NOK 1,449,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
10,496,000