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 2,006,226 and my FI portfolio increased to NOK 1,228,499


Net worth

NOK 2,006,226

Since the last update on my net worth has decreased with NOK -174,775 ( -8.01 %).

FI portfolio

NOK 1,228,499

Since the last update on my FI portfolio has increased with NOK 534,538 (+ 77.03 %).

Net worth
FI portfolio

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

I am now 34.1% on my way to achive my FIRE target of NOK 3,600,000. This is 14.8 percentage points closer, compared to the last net worth update.

NOK 1,228,499 FIRE target: NOK 3,600,000


34.1%


FI portfolio


My FI portfolio now consists of NOK 76,000 (6.2%) in investments, NOK 235,961 (19.2%) in retirement accounts, and NOK 916,538 (74.6%) in cash.

Investments

Since my last update, my investments increased with NOK 300 (0.4%).

Retirement accounts

Since my last update, my retirement accounts decreased with NOK 0 (0.0%).




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


If I quit working today, my monthly pay out would be NOK 4,094 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
4,094/month
(4.0% SWR)
3,583/month
(3.5% SWR)
3,071/month
(3.0% SWR)


When can I retire?


FI date


My age

35

I am currently aiming to save/invest approximately NOK 12,900 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 3,600,000 in 7 years and 10 months, in , and at that time I will be 35 years old.

By that time I will have invested/saved another NOK 1,225,500, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 1,146,001


Financial independence forecast