Net worth update per


This is my #8 net worth update. Please check out my profile here for more information. As of , my net worth decreased to NOK 1,087,173 and my FI portfolio decreased to NOK 532,388


Net worth

NOK 1,087,173

Since the last update on my net worth has decreased with NOK -97 ( -0.01 %).

FI portfolio

NOK 532,388

Since the last update on my FI portfolio has decreased with NOK -25 ( -0.0 %).

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 227,269 -735 226,534
Investments 227,728 -21 227,707
Retirement acc 77,416 +731 78,147
Real estate 2,000,000 0 2,000,000
Other assets 8,000 -430 7,570
Total assets 2,540,413 -455 2,539,958

Mortgage 1,097,141 -378 1,096,763
Other debt 356,002 + 20 356,022
Total debt 1,453,143 + -358 1,452,785
Change
Cash 229,669 -3,135 226,534
Investments 218,295 +9,412 227,707
Retirement acc 79,959 -1,812 78,147
Real estate 2,000,000 0 2,000,000
Other assets 8,000 -430 7,570
Total assets 2,535,923 +4,035 2,539,958

Mortgage 1,105,445 -8,682 1,096,763
Other debt 354,482 + 1,540 356,022
Total debt 1,459,927 + -7,142 1,452,785
Change
Cash 229,669 -3,135 226,534
Investments 218,295 +9,412 227,707
Retirement acc 79,959 -1,812 78,147
Real estate 2,000,000 0 2,000,000
Other assets 8,000 -430 7,570
Total assets 2,535,923 +4,035 2,539,958

Mortgage 1,105,445 -8,682 1,096,763
Other debt 354,482 + 1,540 356,022
Total debt 1,459,927 -7,142 1,452,785

I am now 13.3% on my way to achive my FIRE target of NOK 4,000,000. This is -0.0 percentage points closer, compared to the last net worth update.

NOK 532,388 FIRE target: NOK 4,000,000


13.3%

FI portfolio

My FI portfolio now consists of NOK 227,707 (42.8%) in investments, NOK 78,147 (14.7%) in retirement accounts, and NOK 226,534 (42.6%) in cash.

Investments

Since my last update, my investments decreased with NOK -21 (-0.01%), of which NOK 10,000 was from contributions, and NOK 743 was from returns.

Since I started tracking, my total contributions have been NOK 19,500, and my total return has been NOK 655.

Retirement accounts

Since my last update, my retirement accounts increased with NOK 731 (0.94%), of which NOK 1,720 was from contributions , and NOK -774 was from returns.

Since I started tracking, my total contributions have been NOK 3,497, and my total return is NOK -4,363.




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)
1,330/month
(3.0% SWR)


When can I retire?

FI date

My age

36

I am currently aiming to save/invest approximately NOK 22,500 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 4,000,000 in 7 years and 7 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another NOK 2,070,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 1,397,612


Financial independence forecast