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Net worth update per


This is wornoutTuna1's #5 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,086,479 and my FI portfolio increased to NOK 533,038


Net worth

NOK 1,086,479

Since the last update on my net worth has increased with NOK 1,211 (+ 0.11 %).

FI portfolio

NOK 533,038

Since the last update on my FI portfolio has increased with NOK 1,211 (+ 0.23 %).

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 218,315 -205 218,110
Investments 230,796 +901 231,697
Retirement acc 82,716 +515 83,231
Real estate 2,000,000 0 2,000,000
Other assets 9,000 0 9,000
Total assets 2,540,827 +1,211 2,542,038

Mortgage 1,099,764 0 1,099,764
Other debt 355,795 0 355,795
Total debt 1,455,559 0 1,455,559
Change
Cash 229,669 -11,559 218,110
Investments 218,295 +13,402 231,697
Retirement acc 79,959 +3,272 83,231
Real estate 2,000,000 0 2,000,000
Other assets 8,000 + 1,000 9,000
Total assets 2,535,923 +6,115 2,542,038

Mortgage 1,105,445 -5,681 1,099,764
Other debt 354,482 + 1,313 355,795
Total debt 1,459,927 + -4,368 1,455,559
Change
Cash 229,669 -11,559 218,110
Investments 218,295 +13,402 231,697
Retirement acc 79,959 +3,272 83,231
Real estate 2,000,000 0 2,000,000
Other assets 8,000 + 1,000 9,000
Total assets 2,535,923 +6,115 2,542,038

Mortgage 1,105,445 -5,681 1,099,764
Other debt 354,482 + 1,313 355,795
Total debt 1,459,927 -4,368 1,455,559

I am now 9.2% on my way to achive my FIRE target of NOK 5,800,000. This is 0.0 percentage points closer, compared to the last net worth update.

NOK 533,038 FIRE target: NOK 5,800,000


9.2%

FI portfolio

My FI portfolio now consists of NOK 231,697 (43.5%) in investments, NOK 83,231 (15.6%) in retirement accounts, and NOK 218,110 (40.9%) in cash.

Investments

Since my last update, my investments increased with NOK 901 (0.39%).

Since I started tracking, my total contributions have been NOK 141,000, and my total return has been NOK 384,297.

Retirement accounts

Since my last update, my retirement accounts increased with NOK 515 (0.62%).

Since I started tracking, my total contributions have been NOK 20,480, and my total return is NOK 165,406.




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

If I quit working today, my monthly pay out would be NOK 1,776 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
1,776/month
(4.0% SWR)
1,554/month
(3.5% SWR)
1,332/month
(3.0% SWR)


When can I retire?

FI date

My age

48

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 5,800,000 in 16 years and 10 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another NOK 972,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,294,962


Financial independence forecast