Net worth update per
This is BadKarma'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 844,000 and my FI portfolio was NOK 179,000.
Net worth
NOK 844,000
FI portfolio
NOK 179,000
I am now 1.5% on my way to achive my FIRE target of NOK 12,000,000.
NOK 179,000 FIRE target: NOK 12,000,000
FI portfolio
My FI portfolio now consists of NOK 34,000 (19.0%) in investments, NOK 70,000 (39.1%) in retirement accounts, and NOK 75,000 (41.9%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be NOK 596 for the rest of my life.
Retire today with (NOK)
When can I retire?
FI date
My age
53
I am currently aiming to save/invest
approximately NOK
7,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of NOK 12,000,000
in 25 years and 9 months,
in , and at that time I will be
53 years old.
By that time I will have invested/saved
another NOK 2,191,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total NOK
9,630,000