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 ToreT's #3 net worth update. Please check out my profile here for more information. As of , my net worth decreased to NOK 1,487,266 and my FI portfolio decreased to NOK 728,768


Net worth

NOK 1,487,266

Since the last update on my net worth has decreased with NOK -21,943 ( -1.45 %).

FI portfolio

NOK 728,768

Since the last update on my FI portfolio has decreased with NOK -21,943 ( -2.92 %).

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.

I am now 2.9% on my way to achive my FIRE target of NOK 25,000,000. This is -0.1 percentage points closer, compared to the last net worth update.

NOK 728,768 FIRE target: NOK 25,000,000


2.9%


FI portfolio


My FI portfolio now consists of NOK 537,798 (73.8%) in investments, NOK 190,970 (26.2%) in retirement accounts, and NOK 0 (0.0%) in cash.

Investments

Since my last update, my investments decreased with NOK -23,234 (-4.14%).

Retirement accounts

Since my last update, my retirement accounts increased with NOK 1,291 (0.68%).




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


If I quit working today, my monthly pay out would be NOK 2,429 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
2,429/month
(4.0% SWR)
2,125/month
(3.5% SWR)
1,821/month
(3.0% SWR)


When can I retire?


FI date


My age

48

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

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 25,000,000 in 12 years and 3 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another NOK 10,140,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 14,131,232


Financial independence forecast