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Net worth update per



This is Chessines's #15 net worth update. Please check out my profile here for more information. As of , my net worth decreased to NOK 8,989,000 and my FI portfolio decreased to NOK 6,686,000


Net worth

NOK 8,989,000

Since the last update on my net worth has decreased with NOK -207,500 ( -2.26 %).

FI portfolio

NOK 6,686,000

Since the last update on my FI portfolio has decreased with NOK -264,000 ( -3.8 %).

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 60.8% on my way to achive my FIRE target of NOK 11,000,000. This is -2.4 percentage points closer, compared to the last net worth update.

NOK 6,686,000 FIRE target: NOK 11,000,000


60.8%


FI portfolio


My FI portfolio now consists of NOK 5,483,000 (82.0%) in investments, NOK 1,203,000 (18.0%) in retirement accounts, and NOK 0 (0.0%) in cash.

Investments

Since my last update, my investments decreased with NOK -224,000 (-3.93%), of which NOK 40,000 was from contributions, and NOK 135,000 was from returns.

Since I started tracking, my total contributions have been NOK 3,197,000, and my total return has been NOK 1,164,000.

Retirement accounts

Since my last update, my retirement accounts decreased with NOK -40,000 (-3.22%), of which NOK 6,500 was from contributions , and NOK 19,500 was from returns.

Since I started tracking, my total contributions have been NOK 309,000, and my total return is NOK 339,000.




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


If I quit working today, my monthly pay out would be NOK 22,286 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
22,286/month
(4.0% SWR)
19,500/month
(3.5% SWR)
16,715/month
(3.0% SWR)


When can I retire?


FI date


My age

52

I am currently aiming to save/invest approximately NOK 44,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 11,000,000 in 2 years and 1 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another NOK 1,892,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 2,422,000


Financial independence forecast