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This is wornoutTuna1's #7 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,087,270 and my FI portfolio increased to NOK 532,413


Net worth

NOK 1,087,270

Since the last update on my net worth has increased with NOK 8,259 (+ 0.77 %).

FI portfolio

NOK 532,413

Since the last update on my FI portfolio has increased with NOK 6,843 (+ 1.3 %).

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 206,678 +20,591 227,269
Investments 235,800 -8,072 227,728
Retirement acc 83,092 -5,676 77,416
Real estate 2,000,000 0 2,000,000
Other assets 9,000 -1,000 8,000
Total assets 2,534,570 +5,843 2,540,413

Mortgage 1,099,764 -2,623 1,097,141
Other debt 355,795 + 207 356,002
Total debt 1,455,559 + -2,416 1,453,143
Change
Cash 229,669 -2,400 227,269
Investments 218,295 +9,433 227,728
Retirement acc 79,959 -2,543 77,416
Real estate 2,000,000 0 2,000,000
Other assets 8,000 0 8,000
Total assets 2,535,923 +4,490 2,540,413

Mortgage 1,105,445 -8,304 1,097,141
Other debt 354,482 + 1,520 356,002
Total debt 1,459,927 + -6,784 1,453,143
Change
Cash 229,669 -2,400 227,269
Investments 218,295 +9,433 227,728
Retirement acc 79,959 -2,543 77,416
Real estate 2,000,000 0 2,000,000
Other assets 8,000 0 8,000
Total assets 2,535,923 +4,490 2,540,413

Mortgage 1,105,445 -8,304 1,097,141
Other debt 354,482 + 1,520 356,002
Total debt 1,459,927 -6,784 1,453,143

I am now 9.2% on my way to achive my FIRE target of NOK 5,800,000. This is 0.1 percentage points closer, compared to the last net worth update.

NOK 532,413 FIRE target: NOK 5,800,000


9.2%

FI portfolio

My FI portfolio now consists of NOK 227,728 (42.8%) in investments, NOK 77,416 (14.5%) in retirement accounts, and NOK 227,269 (42.7%) in cash.

Investments

Since my last update, my investments decreased with NOK -8,072 (-3.42%).

Since I started tracking, my total contributions have been NOK 141,000, and my total return has been NOK 405,243.

Retirement accounts

Since my last update, my retirement accounts decreased with NOK -5,676 (-6.83%).

Since I started tracking, my total contributions have been NOK 20,480, and my total return is NOK 114,822.




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

If I quit working today, my monthly pay out would be NOK 1,774 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
1,774/month
(4.0% SWR)
1,552/month
(3.5% SWR)
1,331/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 17 years and 5 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another NOK 976,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,291,587


Financial independence forecast