This is my #2 net worth update. Please check out my profile here for more information. As of 2022-06-21T00:00:00Z, my net worth increased to NOK 5,309,966 and my FI portfolio increased to NOK 705,966
And the development and changes between each net worth reporting is shown in the tables below.
I am now 14.1% on my way to achive my FIRE target of NOK 5,000,000. This is 0.8 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of NOK 605,966 (85.8%) in investments, and NOK 100,000 (14.2%) in cash.
Since my last update, my investments decreased with NOK -49,482 (-7.55%).
If I quit working today, my monthly pay out would be NOK 2,353 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 5,000,000 in 6 years and 0 months, in 2028-07-21T00:00:00Z, and at that time I will be 58 years old.
By that time I will have invested/saved another NOK 2,774,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 1,520,034