Net worth update per



This is my #4 net worth update. Please check out my profile here for more information. As of , my net worth decreased to NOK 1,935,292 and my FI portfolio decreased to NOK 917,899


Net worth

NOK 1,935,292

Since the last update on my net worth has decreased with NOK -22,328 ( -1.14 %).

FI portfolio

NOK 917,899

Since the last update on my FI portfolio has decreased with NOK -12,273 ( -1.32 %).

Net worth
FI portfolio

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

I am now 4.6% on my way to achive my FIRE target of NOK 20,000,000. This is -0.1 percentage points closer, compared to the last net worth update.

NOK 917,899 FIRE target: NOK 20,000,000


4.6%


FI portfolio


My FI portfolio now consists of NOK 586,939 (63.9%) in investments, NOK 130,960 (14.3%) in retirement accounts, and NOK 200,000 (21.8%) in cash.

Investments

Since my last update, my investments decreased with NOK -19,717 (-3.25%), 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 7,444 (6.03%), 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 3,059 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
3,059/month
(4.0% SWR)
2,677/month
(3.5% SWR)
2,294/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 26 years and 7 months, in , and at that time I will be 56 years old.

By that time I will have invested/saved another NOK 1,920,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 17,162,101


Financial independence forecast