This is my #8 net worth update. Please check out my profile here for more information. As of 2020-09-14T00:00:00Z, my net worth decreased to NOK 2,006,226 and my FI portfolio increased to NOK 1,228,499
I am now 34.1% on my way to achive my FIRE target of NOK 3,600,000. This is 14.8 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of NOK 76,000 (6.2%) in investments, NOK 235,961 (19.2%) in retirement accounts, and NOK 916,538 (74.6%) in cash.
Since my last update, my investments increased with NOK 300 (0.4%).
Since my last update, my retirement accounts decreased with NOK 0 (0.0%).
If I quit working today, my monthly pay out would be NOK 4,094 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 3,600,000 in 7 years and 10 months, in 2028-08-14T00:00:00Z, and at that time I will be 35 years old.
By that time I will have invested/saved another NOK 1,225,500, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 1,146,001