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Net worth update per



This is laaknor's #8 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 3,523,328 and my FI portfolio increased to NOK 993,714


Net worth

NOK 3,523,328

Since the last update on my net worth has increased with NOK 34,709 (+ 0.99 %).

FI portfolio

NOK 993,714

Since the last update on my FI portfolio has increased with NOK 52,621 (+ 5.59 %).

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 16.6% on my way to achive my FIRE target of NOK 6,000,000. This is 0.9 percentage points closer, compared to the last net worth update.

NOK 993,714 FIRE target: NOK 6,000,000


16.6%


FI portfolio


My FI portfolio now consists of NOK 710,415 (71.5%) in investments, NOK 171,300 (17.2%) in retirement accounts, and NOK 111,999 (11.3%) in cash.

Investments

Since my last update, my investments decreased with NOK -34,226 (-4.6%).

Retirement accounts

Since my last update, my retirement accounts decreased with NOK -1,153 (-0.67%).




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


If I quit working today, my monthly pay out would be NOK 3,312 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
3,312/month
(4.0% SWR)
2,898/month
(3.5% SWR)
2,484/month
(3.0% SWR)


When can I retire?


FI date


My age

49

I am currently aiming to save/invest approximately NOK 10,000 each month.

Assuming an annual return of 9% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 6,000,000 in 11 years and 0 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another NOK 1,580,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 3,426,286


Financial independence forecast