This is Fireleap'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 4,291,000 and my FI portfolio was NOK 2,189,000.
I am now 8.8% on my way to achive my FIRE target of NOK 25,000,000.
My FI portfolio now consists of NOK 1,530,000 (69.9%) in investments, NOK 300,000 (13.7%) in retirement accounts, and NOK 359,000 (16.4%) in cash.
If I quit working today, my monthly pay out would be NOK 7,296 for the rest of my life.
I am currently aiming to save/invest
approximately NOK
60,000
each month.
Assuming an annual return of
9% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 25,000,000
in 7 years and 3 months,
in , and at that time I will be
48 years old.
By that time I will have invested/saved
another NOK 9,600,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
13,211,000