Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per



This is freetochoose'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 12,050,000 and my FI portfolio was NOK 2,800,000.


Net worth

NOK 12,050,000

FI portfolio

NOK 2,800,000

I am now 14.0% on my way to achive my FIRE target of NOK 20,000,000.

NOK 2,800,000 FIRE target: NOK 20,000,000


14.0%

FI portfolio


My FI portfolio now consists of NOK 1,400,000 (50.0%) in investments, NOK 1,300,000 (46.4%) in retirement accounts, and NOK 100,000 (3.6%) in cash.




How much can I withdraw according to the 4%-rule?



If I quit working today, my monthly pay out would be NOK 9,333 for the rest of my life.

Retire today with (NOK)
9,333/month
(4.0% SWR)
8,166/month
(3.5% SWR)
7,000/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately NOK 50,000 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 7 years and 11 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another NOK 6,550,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 10,650,000


Financial independence forecast