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This is Fireleap's #17 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 5,926,996 and my FI portfolio increased to NOK 3,406,999


Net worth

NOK 5,926,996

Since the last update on my net worth has increased with NOK 98,996 (+ 1.7 %).

FI portfolio

NOK 3,406,999

Since the last update on my FI portfolio has increased with NOK 87,999 (+ 2.65 %).

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 1,758,000 -12,000 1,746,000
Investments 1,140,000 +84,000 1,224,000
Retirement acc 421,000 +15,999 436,999
Real estate 6,000,000 0 6,000,000
Other assets 143,000 -1,003 141,997
Total assets 9,462,000 +86,996 9,548,996

Mortgage 3,480,000 -11,000 3,469,000
Other debt 154,000 -1,000 153,000
Total debt 3,634,000 -12,000 3,622,000
Change
Cash 319,000 +1,427,000 1,746,000
Investments 2,152,000 -928,000 1,224,000
Retirement acc 428,000 +8,999 436,999
Real estate 6,200,000 -200,000 6,000,000
Other assets 151,000 -9,003 141,997
Total assets 9,250,000 +298,996 9,548,996

Mortgage 3,511,000 -42,000 3,469,000
Other debt 159,000 -6,000 153,000
Total debt 3,670,000 -48,000 3,622,000
Change
Cash 359,000 +1,387,000 1,746,000
Investments 1,530,000 -306,000 1,224,000
Retirement acc 300,000 +136,999 436,999
Real estate 4,853,000 + 1,147,000 6,000,000
Other assets 150,000 -8,003 141,997
Total assets 7,192,000 +2,356,996 9,548,996

Mortgage 2,721,000 748,000 3,469,000
Other debt 180,000 -27,000 153,000
Total debt 2,901,000 + 721,000 3,622,000

I am now 13.6% on my way to achive my FIRE target of NOK 25,000,000. This is 0.4 percentage points closer, compared to the last net worth update.

NOK 3,406,999 FIRE target: NOK 25,000,000


13.6%

FI portfolio

My FI portfolio now consists of NOK 1,224,000 (35.9%) in investments, NOK 436,999 (12.8%) in retirement accounts, and NOK 1,746,000 (51.2%) in cash.

Investments

Since my last update, my investments increased with NOK 84,000 (7.37%).

Since I started tracking, my total contributions have been NOK 34,000, and my total return has been NOK 11,099,000.

Retirement accounts

Since my last update, my retirement accounts increased with NOK 15,999 (3.8%).

Since I started tracking, my total contributions have been NOK 271,200, and my total return is NOK 903,800.




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

If I quit working today, my monthly pay out would be NOK 11,356 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
11,356/month
(4.0% SWR)
9,937/month
(3.5% SWR)
8,517/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately NOK 60,000 each month.

Assuming an annual return of 9% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 25,000,000 in 7 years and 6 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another NOK 9,300,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 12,293,001


Financial independence forecast