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Net worth update per


This is Økonomisktrygghet's #6 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,935,461 and my FI portfolio increased to NOK 699,461


Net worth

NOK 1,935,461

Since the last update on my net worth has increased with NOK 523,300 (+ 37.06 %).

FI portfolio

NOK 699,461

Since the last update on my FI portfolio has increased with NOK 37,500 (+ 5.66 %).

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.
Change
Cash 366,000 +26,000 392,000
Investments 60,000 +11,500 71,500
Retirement acc 235,961 0 235,961
Real estate 1,125,000 + 1,300,000 2,425,000
Other assets 200,000 0 200,000
Total assets 1,986,961 +1,337,500 3,324,461

Mortgage 559,300 814,200 1,373,500
Other debt 15,500 0 15,500
Total debt 574,800 814,200 1,389,000
Change
Cash 360,000 +32,000 392,000
Investments 72,295 -795 71,500
Retirement acc 220,000 +15,961 235,961
Real estate 1,125,000 + 1,300,000 2,425,000
Other assets 200,000 0 200,000
Total assets 1,977,295 +1,347,166 3,324,461

Mortgage 565,000 808,500 1,373,500
Other debt 15,500 0 15,500
Total debt 580,500 808,500 1,389,000
Change
Cash 350,000 +42,000 392,000
Investments 71,000 +500 71,500
Retirement acc 220,000 +15,961 235,961
Real estate 1,125,000 + 1,300,000 2,425,000
Other assets 200,000 0 200,000
Total assets 1,966,000 +1,358,461 3,324,461

Mortgage 565,000 808,500 1,373,500
Other debt 15,500 0 15,500
Total debt 580,500 + 808,500 1,389,000

I am now 19.4% on my way to achive my FIRE target of NOK 3,600,000. This is 1.0 percentage points closer, compared to the last net worth update.

NOK 699,461 FIRE target: NOK 3,600,000


19.4%

FI portfolio

My FI portfolio now consists of NOK 71,500 (10.2%) in investments, NOK 235,961 (33.7%) in retirement accounts, and NOK 392,000 (56.0%) in cash.

Investments

Since my last update, my investments increased with NOK 11,500 (19.17%).

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 2,331 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
2,331/month
(4.0% SWR)
2,040/month
(3.5% SWR)
1,748/month
(3.0% SWR)


When can I retire?

FI date

My age

37

I am currently aiming to save/invest approximately NOK 11,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 3,600,000 in 6 years and 2 months, in , and at that time I will be 37 years old.

By that time I will have invested/saved another NOK 1,331,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 1,569,539


Financial independence forecast