Net worth update per
This is skallmann'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 1,300,000 and my FI portfolio was NOK 420,000.
Net worth
NOK 1,300,000
FI portfolio
NOK 420,000
I am now 5.2% on my way to achive my FIRE target of NOK 8,000,000.
NOK 420,000 FIRE target: NOK 8,000,000
FI portfolio
My FI portfolio now consists of NOK 60,000 (14.3%) in investments, and NOK 360,000 (85.7%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be NOK 1,400 for the rest of my life.
Retire today with (NOK)
When can I retire?
FI date
My age
52
I am currently aiming to save/invest
approximately NOK
14,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 8,000,000
in 12 years and 1 months,
in , and at that time I will be
52 years old.
By that time I will have invested/saved
another NOK 2,800,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
4,780,000