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Net worth update per



This is Sapphire's #5 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 942,937 and my FI portfolio increased to NOK 496,137


Net worth

NOK 942,937

Since the last update on my net worth has increased with NOK 41,137 (+ 4.56 %).

FI portfolio

NOK 496,137

Since the last update on my FI portfolio has increased with NOK 41,137 (+ 9.04 %).

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 8.3% on my way to achive my FIRE target of NOK 6,000,000. This is 0.7 percentage points closer, compared to the last net worth update.

NOK 496,137 FIRE target: NOK 6,000,000


8.3%


FI portfolio


My FI portfolio now consists of NOK 441,137 (88.9%) in investments, and NOK 55,000 (11.1%) in cash.

Investments

Since my last update, my investments increased with NOK 41,137 (10.28%), of which NOK 32,000 was from contributions, and NOK 21,000 was from returns.

Since I started tracking, my total contributions have been NOK 398,000, and my total return has been NOK -23,899.




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


If I quit working today, my monthly pay out would be NOK 1,653 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
1,653/month
(4.0% SWR)
1,447/month
(3.5% SWR)
1,240/month
(3.0% SWR)


When can I retire?


FI date


My age

36

I am currently aiming to save/invest approximately NOK 20,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 6,000,000 in 9 years and 7 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another NOK 2,600,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 2,903,863


Financial independence forecast