Net worth update per



This is my 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 919,000 and my FI portfolio was NOK 662,000.


Net worth

NOK 919,000

FI portfolio

NOK 662,000

I am now 11.0% on my way to achive my FIRE target of NOK 6,000,000.

NOK 662,000 FIRE target: NOK 6,000,000


11.0%

FI portfolio


My FI portfolio now consists of NOK 120,000 (18.1%) in investments, NOK 142,000 (21.5%) in retirement accounts, and NOK 400,000 (60.4%) in cash.




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



If I quit working today, my monthly pay out would be NOK 2,206 for the rest of my life.

Retire today with (NOK)
2,206/month
(4.0% SWR)
1,930/month
(3.5% SWR)
1,655/month
(3.0% SWR)


When can I retire?


FI date


My age

41

I am currently aiming to save/invest approximately NOK 16,000 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 11 years and 7 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another NOK 2,352,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 2,986,000


Financial independence forecast