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Net worth update per



This is Økonomisktrygghet's #8 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 2,006,226 and my FI portfolio increased to NOK 978,499


Net worth

NOK 2,006,226

Since the last update on my net worth has increased with NOK 50,225 (+ 2.57 %).

FI portfolio

NOK 978,499

Since the last update on my FI portfolio has increased with NOK 284,538 (+ 41.0 %).

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 27.2% on my way to achive my FIRE target of NOK 3,600,000. This is 7.9 percentage points closer, compared to the last net worth update.

NOK 978,499 FIRE target: NOK 3,600,000


27.2%


FI portfolio


My FI portfolio now consists of NOK 76,000 (7.8%) in investments, NOK 235,961 (24.1%) in retirement accounts, and NOK 666,538 (68.1%) 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 3,261 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
3,261/month
(4.0% SWR)
2,853/month
(3.5% SWR)
2,446/month
(3.0% SWR)


When can I retire?


FI date


My age

37

I am currently aiming to save/invest approximately NOK 11,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 3,600,000 in 5 years and 8 months, in , and at that time I will be 37 years old.

By that time I will have invested/saved another NOK 1,232,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 1,389,501


Financial independence forecast