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Net worth update per



This is Tomvartatt's 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 1,286,000 and my FI portfolio was NOK 731,000.


Net worth

NOK 1,286,000

FI portfolio

NOK 731,000

I am now 7.3% on my way to achive my FIRE target of NOK 10,000,000.

NOK 731,000 FIRE target: NOK 10,000,000


7.3%

FI portfolio


My FI portfolio now consists of NOK 680,000 (93.0%) in investments, NOK 44,000 (6.0%) in retirement accounts, and NOK 7,000 (1.0%) in cash.




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



If I quit working today, my monthly pay out would be NOK 2,436 for the rest of my life.

Retire today with (NOK)
2,436/month
(4.0% SWR)
2,132/month
(3.5% SWR)
1,827/month
(3.0% SWR)


When can I retire?


FI date


My age

54

I am currently aiming to save/invest approximately NOK 12,000 each month.

Assuming an annual return of 9% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 10,000,000 in 16 years and 1 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another NOK 2,580,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 6,689,000


Financial independence forecast