Net worth update per



This is my #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 5,309,966 and my FI portfolio increased to NOK 705,966


Net worth

NOK 5,309,966

Since the last update on my net worth has increased with NOK 40,518 (+ 0.77 %).

FI portfolio

NOK 705,966

Since the last update on my FI portfolio has increased with NOK 40,518 (+ 6.09 %).


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 14.1% on my way to achive my FIRE target of NOK 5,000,000. This is 0.8 percentage points closer, compared to the last net worth update.

NOK 705,966 FIRE target: NOK 5,000,000


14.1%


FI portfolio


My FI portfolio now consists of NOK 605,966 (85.8%) in investments, and NOK 100,000 (14.2%) in cash.

Investments

Since my last update, my investments decreased with NOK -49,482 (-7.55%).




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


If I quit working today, my monthly pay out would be NOK 2,353 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
2,353/month
(4.0% SWR)
2,059/month
(3.5% SWR)
1,764/month
(3.0% SWR)


When can I retire?


FI date


My age

58

I am currently aiming to save/invest approximately NOK 38,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 5,000,000 in 6 years and 0 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another NOK 2,774,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 1,520,034


Financial independence forecast