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 400,000 and my FI portfolio increased to NOK 400,000


Net worth

NOK 400,000

Since the last update on my net worth has increased with NOK 60,000 (+ 17.65 %).

FI portfolio

NOK 400,000

Since the last update on my FI portfolio has increased with NOK 60,000 (+ 17.65 %).

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 8.0% on my way to achive my FIRE target of NOK 5,000,000. This is 1.2 percentage points closer, compared to the last net worth update.

NOK 400,000 FIRE target: NOK 5,000,000


8.0%


FI portfolio


My FI portfolio now consists of and NOK 400,000 (100.0%) in cash.

Investments

Since my last update, my investments decreased with NOK 0 (0%), of which NOK 50,289 was from contributions, and NOK 156,713 was from returns.

Since I started tracking, my total contributions have been NOK 2,162,353, and my total return has been NOK 851,875.




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


If I quit working today, my monthly pay out would be NOK 1,333 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
1,333/month
(4.0% SWR)
1,166/month
(3.5% SWR)
1,000/month
(3.0% SWR)


When can I retire?


FI date


My age

46

I am currently aiming to save/invest approximately NOK 35,000 each month.

Assuming an annual return of 20% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 5,000,000 in -1 years and -9 months, in , and at that time I will be 46 years old.

By that time I will have invested/saved another NOK 2,450,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 2,150,000


Financial independence forecast