Net worth update per
This is kris_on_fire'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 2,708,000 and my FI portfolio was NOK 770,000.
Net worth
NOK 2,708,000
FI portfolio
NOK 770,000
I am now 7.7% on my way to achive my FIRE target of NOK 10,000,000.
NOK 770,000 FIRE target: NOK 10,000,000
FI portfolio
My FI portfolio now consists of NOK 30,000 (3.9%) in investments, NOK 120,000 (15.6%) in retirement accounts, and NOK 620,000 (80.5%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be NOK 2,566 for the rest of my life.
Retire today with (NOK)
When can I retire?
FI date
My age
39
I am currently aiming to save/invest
approximately NOK
35,000
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 10,000,000
in 8 years and 0 months,
in , and at that time I will be
39 years old.
By that time I will have invested/saved
another NOK 5,180,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
4,050,000