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Net worth update per



This is Sapphire's #24 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,595,000 and my FI portfolio increased to NOK 1,050,000


Net worth

NOK 1,595,000

Since the last update on my net worth has increased with NOK 66,500 (+ 4.35 %).

FI portfolio

NOK 1,050,000

Since the last update on my FI portfolio has increased with NOK 57,000 (+ 5.74 %).

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 17.5% 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 1,050,000 FIRE target: NOK 6,000,000


17.5%


FI portfolio


My FI portfolio now consists of NOK 1,020,000 (97.1%) in investments, and NOK 30,000 (2.9%) in cash.

Investments

Since my last update, my investments increased with NOK 57,000 (5.92%), of which NOK 28,000 was from contributions, and NOK 41,343 was from returns.

Since I started tracking, my total contributions have been NOK 660,000, and my total return has been NOK 163,744.




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


If I quit working today, my monthly pay out would be NOK 3,500 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
3,500/month
(4.0% SWR)
3,062/month
(3.5% SWR)
2,625/month
(3.0% SWR)


When can I retire?


FI date


My age

35

I am currently aiming to save/invest approximately NOK 25,000 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 7 years and 8 months, in , and at that time I will be 35 years old.

By that time I will have invested/saved another NOK 2,425,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 2,525,000


Financial independence forecast