Net worth update per



This is my #5 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,637,161 and my FI portfolio decreased to NOK 661,961


Net worth

NOK 1,637,161

Since the last update on my net worth has increased with NOK 209,000 (+ 14.63 %).

FI portfolio

NOK 661,961

Since the last update on my FI portfolio has decreased with NOK -17,700 ( -2.6 %).

Net worth
FI portfolio

The changes for each asset class compared to the previous reporting ( ) is shown in the table below. All numbers are in NOK.

I am now 18.4% on my way to achive my FIRE target of NOK 3,600,000. This is -0.5 percentage points closer, compared to the last net worth update.

NOK 661,961 FIRE target: NOK 3,600,000


18.4%


FI portfolio


My FI portfolio now consists of NOK 60,000 (9.1%) in investments, NOK 235,961 (35.6%) in retirement accounts, and NOK 366,000 (55.3%) in cash.

Investments

Since my last update, my investments decreased with NOK -19,700 (-24.72%).

Retirement accounts

Since my last update, my retirement accounts decreased with NOK 0 (0.0%).




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


If I quit working today, my monthly pay out would be NOK 2,206 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
2,206/month
(4.0% SWR)
1,930/month
(3.5% SWR)
1,654/month
(3.0% SWR)


When can I retire?


FI date


My age

36

I am currently aiming to save/invest approximately NOK 12,900 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 3,600,000 in 9 years and 4 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another NOK 1,457,700, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 1,480,339


Financial independence forecast