This is bbws'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 919,000 and my FI portfolio was NOK 662,000.
I am now 5.5% on my way to achive my FIRE target of NOK 12,000,000.
My FI portfolio now consists of NOK 120,000 (18.1%) in investments, NOK 142,000 (21.5%) in retirement accounts, and NOK 400,000 (60.4%) in cash.
If I quit working today, my monthly pay out would be NOK 2,206 for the rest of my life.
I am currently aiming to save/invest
approximately NOK
10,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 12,000,000
in 18 years and 2 months,
in , and at that time I will be
50 years old.
By that time I will have invested/saved
another NOK 2,590,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
8,748,000