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Net worth update per



This is Jols's #3 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,957,620 and my FI portfolio increased to NOK 930,172


Net worth

NOK 1,957,620

Since the last update on my net worth has increased with NOK 417,166 (+ 27.08 %).

FI portfolio

NOK 930,172

Since the last update on my FI portfolio has increased with NOK 85,599 (+ 10.14 %).

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 4.7% on my way to achive my FIRE target of NOK 20,000,000. This is 0.4 percentage points closer, compared to the last net worth update.

NOK 930,172 FIRE target: NOK 20,000,000


4.7%


FI portfolio


My FI portfolio now consists of NOK 606,656 (65.2%) in investments, NOK 123,516 (13.3%) in retirement accounts, and NOK 200,000 (21.5%) in cash.

Investments

Since my last update, my investments increased with NOK 85,403 (16.38%), of which NOK 4,000 was from contributions, and NOK -23,717 was from returns.

Since I started tracking, my total contributions have been NOK 12,000, and my total return has been NOK 53,314.

Retirement accounts

Since my last update, my retirement accounts increased with NOK 5,196 (4.39%), of which NOK 2,377 was from contributions , and NOK 5,067 was from returns.

Since I started tracking, my total contributions have been NOK 7,304, and my total return is NOK 8,171.




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


If I quit working today, my monthly pay out would be NOK 3,100 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
3,100/month
(4.0% SWR)
2,713/month
(3.5% SWR)
2,325/month
(3.0% SWR)


When can I retire?


FI date


My age

56

I am currently aiming to save/invest approximately NOK 6,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 20,000,000 in 22 years and 10 months, in , and at that time I will be 56 years old.

By that time I will have invested/saved another NOK 1,914,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 17,155,828


Financial independence forecast