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 27.8% on my way to achive my FIRE target of NOK 11,000,000.
NOK 3,055,000 FIRE target: NOK 11,000,000
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
55
I am currently aiming to save/invest
approximately NOK
44,000
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 11,000,000
in 4 years and 10 months,
in , and at that time I will be
55 years old.
By that time I will have invested/saved
another NOK 4,004,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
3,941,000