This is Tomvartatt'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 1,286,000 and my FI portfolio was NOK 731,000.
I am now 7.3% on my way to achive my FIRE target of NOK 10,000,000.
My FI portfolio now consists of NOK 680,000 (93.0%) in investments, NOK 44,000 (6.0%) in retirement accounts, and NOK 7,000 (1.0%) in cash.
If I quit working today, my monthly pay out would be NOK 2,436 for the rest of my life.
I am currently aiming to save/invest
approximately NOK
12,000
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 16 years and 1 months,
in , and at that time I will be
54 years old.
By that time I will have invested/saved
another NOK 2,580,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
6,689,000