Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is layzi's #6 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,527,054 and my FI portfolio increased to NOK 110,748


Net worth

NOK 1,527,054

Since the last update on my net worth has increased with NOK 307,552 (+ 25.22 %).

FI portfolio

NOK 110,748

Since the last update on my FI portfolio has increased with NOK 18,909 (+ 20.59 %).

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 0 +10,000 10,000
Investments 69,592 +9,924 79,516
Retirement acc 22,247 -1,015 21,232
Real estate 4,000,000 -2 3,999,998
Other assets 250,000 0 250,000
Total assets 4,341,839 +18,907 4,360,746

Mortgage 2,899,735 -66,043 2,833,692
Other debt 222,602 -222,602 0
Total debt 3,122,337 -288,645 2,833,692
Change
Cash 0 +10,000 10,000
Investments 69,592 +9,924 79,516
Retirement acc 22,247 -1,015 21,232
Real estate 4,000,000 -2 3,999,998
Other assets 250,000 0 250,000
Total assets 4,341,839 +18,907 4,360,746

Mortgage 2,899,735 -66,043 2,833,692
Other debt 222,602 -222,602 0
Total debt 3,122,337 -288,645 2,833,692
Change
Cash 0 +10,000 10,000
Investments 51,237 +28,279 79,516
Retirement acc 21,028 +204 21,232
Real estate 4,000,000 -2 3,999,998
Other assets 250,000 0 250,000
Total assets 4,322,265 +38,481 4,360,746

Mortgage 2,795,502 38,190 2,833,692
Other debt 226,507 -226,507 0
Total debt 3,022,009 -188,317 2,833,692

I am now 1.8% on my way to achive my FIRE target of NOK 6,000,000. This is 0.3 percentage points closer, compared to the last net worth update.

NOK 110,748 FIRE target: NOK 6,000,000


1.8%

FI portfolio

My FI portfolio now consists of NOK 79,516 (71.8%) in investments, NOK 21,232 (19.2%) in retirement accounts, and NOK 10,000 (9.0%) in cash.

Investments

Since my last update, my investments increased with NOK 9,924 (14.26%).

Since I started tracking, my total contributions have been NOK 17,520, and my total return has been NOK 10,759.

Retirement accounts

Since my last update, my retirement accounts decreased with NOK -1,015 (-4.56%).

Since I started tracking, my total contributions have been NOK 500, and my total return is NOK -296.




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

If I quit working today, my monthly pay out would be NOK 369 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
369/month
(4.0% SWR)
323/month
(3.5% SWR)
276/month
(3.0% SWR)


When can I retire?

FI date

My age

56

I am currently aiming to save/invest approximately NOK 4,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 6,000,000 in 22 years and 1 months, in , and at that time I will be 56 years old.

By that time I will have invested/saved another NOK 1,160,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,729,252


Financial independence forecast