Net worth update per



This is my #8 net worth update. Please check out my profile here for more information. As of , my net worth decreased to NOK 5,088,500 and my FI portfolio increased to NOK 2,437,500


Net worth

NOK 5,088,500

Since the last update on my net worth has decreased with NOK -30,800 ( -0.6 %).

FI portfolio

NOK 2,437,500

Since the last update on my FI portfolio has increased with NOK 9,200 (+ 0.38 %).

Net worth
FI portfolio

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

I am now 9.8% on my way to achive my FIRE target of NOK 25,000,000. This is 0.0 percentage points closer, compared to the last net worth update.

NOK 2,437,500 FIRE target: NOK 25,000,000


9.8%


FI portfolio


My FI portfolio now consists of NOK 1,853,000 (76.0%) in investments, NOK 376,000 (15.4%) in retirement accounts, and NOK 208,500 (8.6%) in cash.

Investments

Since my last update, my investments increased with NOK 20,200 (1.1%).

Retirement accounts

Since my last update, my retirement accounts increased with NOK 4,000 (1.08%).

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




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


If I quit working today, my monthly pay out would be NOK 8,125 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
8,125/month
(4.0% SWR)
7,109/month
(3.5% SWR)
6,093/month
(3.0% SWR)


When can I retire?


FI date


My age

50

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 1 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another NOK 6,920,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 15,642,500


Financial independence forecast