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Net worth update per



This is FIRE-Nor81's 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 , my net worth was NOK 5,985,000 and my FI portfolio was NOK 820,000.


Net worth

NOK 5,985,000

FI portfolio

NOK 820,000

I am now 8.2% on my way to achive my FIRE target of NOK 10,000,000.

NOK 820,000 FIRE target: NOK 10,000,000


8.2%

FI portfolio


My FI portfolio now consists of NOK 50,000 (6.1%) in investments, NOK 580,000 (70.7%) in retirement accounts, and NOK 190,000 (23.2%) in cash.




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



If I quit working today, my monthly pay out would be NOK 2,733 for the rest of my life.

Retire today with (NOK)
2,733/month
(4.0% SWR)
2,391/month
(3.5% SWR)
2,050/month
(3.0% SWR)


When can I retire?


FI date


My age

50

I am currently aiming to save/invest approximately NOK 35,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 10,000,000 in 6 years and 11 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another NOK 4,480,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,700,000


Financial independence forecast