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Net worth update per


This is wornoutTuna1's #13 net worth update. Please check out my profile here for more information. As of , my net worth decreased to NOK 1,132,200 and my FI portfolio decreased to NOK 534,100


Net worth

NOK 1,132,200

Since the last update on my net worth has decreased with NOK -5,091 ( -0.45 %).

FI portfolio

NOK 534,100

Since the last update on my FI portfolio has decreased with NOK -6,271 ( -1.16 %).

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 180,283 -883 179,400
Investments 273,189 -3,389 269,800
Retirement acc 86,899 -1,999 84,900
Real estate 2,000,000 0 2,000,000
Other assets 14,000 -1,000 13,000
Total assets 2,554,371 -7,271 2,547,100

Mortgage 1,087,650 -2,650 1,085,000
Other debt 329,430 + 470 329,900
Total debt 1,417,080 + -2,180 1,414,900
Change
Cash 229,669 -50,269 179,400
Investments 218,295 +51,505 269,800
Retirement acc 79,959 +4,941 84,900
Real estate 2,000,000 0 2,000,000
Other assets 8,000 + 5,000 13,000
Total assets 2,535,923 +11,177 2,547,100

Mortgage 1,105,445 -20,445 1,085,000
Other debt 354,482 -24,582 329,900
Total debt 1,459,927 -45,027 1,414,900
Change
Cash 229,669 -50,269 179,400
Investments 218,295 +51,505 269,800
Retirement acc 79,959 +4,941 84,900
Real estate 2,000,000 0 2,000,000
Other assets 8,000 + 5,000 13,000
Total assets 2,535,923 +11,177 2,547,100

Mortgage 1,105,445 -20,445 1,085,000
Other debt 354,482 -24,582 329,900
Total debt 1,459,927 -45,027 1,414,900

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 534,100 FIRE target: NOK 5,800,000


9.2%

FI portfolio

My FI portfolio now consists of NOK 269,800 (50.5%) in investments, NOK 84,900 (15.9%) in retirement accounts, and NOK 179,400 (33.6%) in cash.

Investments

Since my last update, my investments decreased with NOK -3,389 (-1.24%).

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 decreased with NOK -1,999 (-2.3%).

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 1,780 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
1,780/month
(4.0% SWR)
1,557/month
(3.5% SWR)
1,335/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 8 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another NOK 952,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,313,900


Financial independence forecast