Net worth update per



This is my 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 866,000 and my FI portfolio was NOK 366,000.


Net worth

NOK 866,000

FI portfolio

NOK 366,000

I am now 2.6% on my way to achive my FIRE target of NOK 14,000,000.

NOK 366,000 FIRE target: NOK 14,000,000


2.6%

FI portfolio


My FI portfolio now consists of NOK 73,000 (19.9%) in investments, NOK 125,000 (34.2%) in retirement accounts, and NOK 168,000 (45.9%) in cash.




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



If I quit working today, my monthly pay out would be NOK 1,220 for the rest of my life.

Retire today with (NOK)
1,220/month
(4.0% SWR)
1,067/month
(3.5% SWR)
915/month
(3.0% SWR)


When can I retire?


FI date


My age

50

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 14,000,000 in 14 years and 1 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another NOK 4,975,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 8,659,000


Financial independence forecast