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Net worth update per



This is thrifty'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 418,500 and my FI portfolio was NOK 410,000.


Net worth

NOK 418,500

FI portfolio

NOK 410,000

I am now 2.7% on my way to achive my FIRE target of NOK 15,000,000.

NOK 410,000 FIRE target: NOK 15,000,000


2.7%

FI portfolio


My FI portfolio now consists of NOK 247,000 (60.2%) in investments, NOK 23,000 (5.6%) in retirement accounts, and NOK 140,000 (34.1%) in cash.




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



If I quit working today, my monthly pay out would be NOK 1,366 for the rest of my life.

Retire today with (NOK)
1,366/month
(4.0% SWR)
1,195/month
(3.5% SWR)
1,025/month
(3.0% SWR)


When can I retire?


FI date


My age

42

I am currently aiming to save/invest approximately NOK 10,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 15,000,000 in 19 years and 6 months, in , and at that time I will be 42 years old.

By that time I will have invested/saved another NOK 2,870,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 11,720,000


Financial independence forecast