Net worth update per
This is FIRE-Nor81'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 5,985,000 and my FI portfolio was NOK 820,000.
Net worth
NOK 5,985,000
FI portfolio
NOK 820,000
I am now 8.2% on my way to achive my FIRE target of NOK 10,000,000.
NOK 820,000 FIRE target: NOK 10,000,000
FI portfolio
My FI portfolio now consists of NOK 50,000 (6.1%) in investments, NOK 580,000 (70.7%) in retirement accounts, and NOK 190,000 (23.2%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be NOK 2,733 for the rest of my life.
Retire today with (NOK)
When can I retire?
FI date
My age
50
I am currently aiming to save/invest
approximately NOK
35,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 10,000,000
in 7 years and 1 months,
in , and at that time I will be
50 years old.
By that time I will have invested/saved
another NOK 4,480,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
4,700,000