Net worth update per



This is my #16 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 5,828,000 and my FI portfolio increased to NOK 3,319,000


Net worth

NOK 5,828,000

Since the last update on my net worth has increased with NOK 198,000 (+ 3.52 %).

FI portfolio

NOK 3,319,000

Since the last update on my FI portfolio has increased with NOK 191,000 (+ 6.11 %).

The per-day change in net worth between the reported periods are shown in the plot below.



And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in NOK.

I am now 13.3% on my way to achive my FIRE target of NOK 25,000,000. This is 0.8 percentage points closer, compared to the last net worth update.

NOK 3,319,000 FIRE target: NOK 25,000,000


13.3%


FI portfolio


My FI portfolio now consists of NOK 1,140,000 (34.3%) in investments, NOK 421,000 (12.7%) in retirement accounts, and NOK 1,758,000 (53.0%) in cash.

Investments

Since my last update, my investments increased with NOK 547,000 (92.24%).

Since I started tracking, my total contributions have been NOK 34,000, and my total return has been NOK 3,128,000.

Retirement accounts

Since my last update, my retirement accounts increased with NOK 18,000 (4.47%).

Since I started tracking, my total contributions have been NOK 271,200, and my total return is NOK 247,800.




How much can I withdraw according to the 4%-rule?


If I quit working today, my monthly pay out would be NOK 11,063 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
11,063/month
(4.0% SWR)
9,680/month
(3.5% SWR)
8,297/month
(3.0% SWR)


When can I retire?


FI date


My age

51

I am currently aiming to save/invest approximately NOK 40,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 25,000,000 in 12 years and 6 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another NOK 7,040,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 14,641,000


Financial independence forecast