This is Økonomisktrygghet'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 1,385,500 and my FI portfolio was NOK 641,000.
I am now 17.8% on my way to achive my FIRE target of NOK 3,600,000.
My FI portfolio now consists of NOK 71,000 (11.1%) in investments, NOK 220,000 (34.3%) in retirement accounts, and NOK 350,000 (54.6%) in cash.
If I quit working today, my monthly pay out would be NOK 2,136 for the rest of my life.
I am currently aiming to save/invest
approximately NOK
11,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 3,600,000
in 4 years and 10 months,
in , and at that time I will be
37 years old.
By that time I will have invested/saved
another NOK 1,353,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
1,606,000