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Net worth update per



This is goatman's #2 net worth update. Please check out my profile here for more information. As of , my net worth decreased to NOK 210,000 and my FI portfolio decreased to NOK 210,000


Net worth

NOK 210,000

Since the last update on my net worth has decreased with NOK -160,000 ( -43.24 %).

FI portfolio

NOK 210,000

Since the last update on my FI portfolio has decreased with NOK -160,000 ( -43.24 %).


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 3.5% on my way to achive my FIRE target of NOK 6,000,000. This is -2.7 percentage points closer, compared to the last net worth update.

NOK 210,000 FIRE target: NOK 6,000,000


3.5%


FI portfolio


My FI portfolio now consists of NOK 60,000 (28.6%) in investments, NOK 120,000 (57.1%) in retirement accounts, and NOK 30,000 (14.3%) in cash.

Investments

Since my last update, my investments increased with NOK 60,000 (100%).

Retirement accounts

Since my last update, my retirement accounts decreased with NOK -180,000 (-60.0%).




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


If I quit working today, my monthly pay out would be NOK 700 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
700/month
(4.0% SWR)
612/month
(3.5% SWR)
525/month
(3.0% SWR)


When can I retire?


FI date


My age

35

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 10 months, in , and at that time I will be 35 years old.

By that time I will have invested/saved another NOK 2,840,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 2,950,000


Financial independence forecast