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This is CowboyOla's #3 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 5,465,350 and my FI portfolio increased to NOK 2,443,000


Net worth

NOK 5,465,350

Since the last update on my net worth has increased with NOK 350,350 (+ 6.85 %).

FI portfolio

NOK 2,443,000

Since the last update on my FI portfolio has increased with NOK 78,000 (+ 3.3 %).

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 150,000 +17,000 167,000
Investments 1,545,000 +44,000 1,589,000
Retirement acc 670,000 +17,000 687,000
Real estate 4,650,000 -5,650 4,644,350
Other assets 0 0 0
Total assets 7,015,000 +72,350 7,087,350

Mortgage 1,750,000 -250,000 1,500,000
Other debt 150,000 -28,000 122,000
Total debt 1,900,000 -278,000 1,622,000
Change
Cash 150,000 +17,000 167,000
Investments 1,545,000 +44,000 1,589,000
Retirement acc 670,000 +17,000 687,000
Real estate 4,650,000 -5,650 4,644,350
Other assets 0 0 0
Total assets 7,015,000 +72,350 7,087,350

Mortgage 1,750,000 -250,000 1,500,000
Other debt 150,000 -28,000 122,000
Total debt 1,900,000 -278,000 1,622,000
Change
Cash 140,000 +27,000 167,000
Investments 1,456,000 +133,000 1,589,000
Retirement acc 644,000 +43,000 687,000
Real estate 4,650,000 -5,650 4,644,350
Other assets 0 0 0
Total assets 6,890,000 +197,350 7,087,350

Mortgage 1,800,000 -300,000 1,500,000
Other debt 150,000 -28,000 122,000
Total debt 1,950,000 -328,000 1,622,000

I am now 24.4% on my way to achive my FIRE target of NOK 10,000,000. This is 0.8 percentage points closer, compared to the last net worth update.

NOK 2,443,000 FIRE target: NOK 10,000,000


24.4%

FI portfolio

My FI portfolio now consists of NOK 1,589,000 (65.0%) in investments, NOK 687,000 (28.1%) in retirement accounts, and NOK 167,000 (6.8%) in cash.

Investments

Since my last update, my investments increased with NOK 44,000 (2.85%).

Retirement accounts

Since my last update, my retirement accounts increased with NOK 17,000 (2.54%).




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

If I quit working today, my monthly pay out would be NOK 8,143 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
8,143/month
(4.0% SWR)
7,125/month
(3.5% SWR)
6,107/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately NOK 25,000 each month.

Assuming an annual return of 5% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 10,000,000 in 11 years and 4 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another NOK 3,875,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 3,682,000


Financial independence forecast