This is laaknor'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 2,804,511 and my FI portfolio was NOK 433,000.
I am now 4.3% on my way to achive my FIRE target of NOK 10,000,000.
My FI portfolio now consists of NOK 328,000 (75.8%) in investments, NOK 75,000 (17.3%) in retirement accounts, and NOK 30,000 (6.9%) in cash.
If I quit working today, my monthly pay out would be NOK 1,443 for the rest of my life.
I am currently aiming to save/invest
approximately NOK
25,000
each month.
Assuming an annual return of
9% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 10,000,000
in 10 years and 2 months,
in , and at that time I will be
49 years old.
By that time I will have invested/saved
another NOK 4,250,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
5,317,000