This is my #19 net worth update. Please check out my profile here for more information. As of 2020-08-28T00:00:00Z, my net worth increased to NOK 6,148,000 and my FI portfolio increased to NOK 3,611,000
I am now 14.4% on my way to achive my FIRE target of NOK 25,000,000. This is 0.4 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of NOK 1,404,000 (38.9%) in investments, NOK 479,000 (13.3%) in retirement accounts, and NOK 1,728,000 (47.9%) in cash.
Since my last update, my investments increased with NOK 109,000 (8.42%).
Since my last update, my retirement accounts
with NOK 30,000
Since I started tracking, my total contributions have been NOK 247,200, and my total return is NOK 271,800.
If I quit working today, my monthly pay out would be NOK 12,036 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 25,000,000 in 12 years and 10 months, in 2034-10-28T00:00:00Z, and at that time I will be 51 years old.
By that time I will have invested/saved another NOK 6,800,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 14,589,000