This is Jols'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 1,525,929 and my FI portfolio was NOK 837,110.
I am now 4.2% on my way to achive my FIRE target of NOK 20,000,000.
My FI portfolio now consists of NOK 521,625 (62.3%) in investments, NOK 115,485 (13.8%) in retirement accounts, and NOK 200,000 (23.9%) in cash.
If I quit working today, my monthly pay out would be NOK 2,790 for the rest of my life.
I am currently aiming to save/invest
approximately NOK
6,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 20,000,000
in 23 years and 4 months,
in , and at that time I will be
56 years old.
By that time I will have invested/saved
another NOK 1,956,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
17,206,890