This is poiken'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 404,560 and my FI portfolio was NOK 388,560.
I am now 9.7% on my way to achive my FIRE target of NOK 4,000,000.
My FI portfolio now consists of NOK 300,830 (77.4%) in investments, NOK 77,730 (20.0%) in retirement accounts, and NOK 10,000 (2.6%) in cash.
If I quit working today, my monthly pay out would be NOK 1,295 for the rest of my life.
I am currently aiming to save/invest
approximately NOK
13,000
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 4,000,000
in 10 years and 6 months,
in , and at that time I will be
40 years old.
By that time I will have invested/saved
another NOK 1,833,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
1,778,440