This is grodt'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 4,970,000 and my FI portfolio was NOK 3,200,000.
I am now 26.7% on my way to achive my FIRE target of NOK 12,000,000.
My FI portfolio now consists of NOK 3,150,000 (98.4%) in investments, and NOK 50,000 (1.6%) in cash.
If I quit working today, my monthly pay out would be NOK 10,666 for the rest of my life.
I am currently aiming to save/invest
approximately NOK
34,000
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 12,000,000
in 6 years and 10 months,
in , and at that time I will be
52 years old.
By that time I will have invested/saved
another NOK 3,706,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
5,094,000