This is my 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 2020-03-08T00:00:00Z, my net worth was NOK 866,000 and my FI portfolio was NOK 366,000.
I am now 2.6% on my way to achive my FIRE target of NOK 14,000,000.
My FI portfolio now consists of NOK 73,000 (19.9%) in investments, NOK 125,000 (34.2%) in retirement accounts, and NOK 168,000 (45.9%) in cash.
If I quit working today, my monthly pay out would be NOK 1,220 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 14,000,000 in 14 years and 1 months, in 2036-10-08T00:00:00Z, and at that time I will be 50 years old.
By that time I will have invested/saved another NOK 4,975,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 8,659,000