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Net worth update per


This is wornoutTuna1's #22 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,262,168 and my FI portfolio increased to NOK 656,172


Net worth

NOK 1,262,168

Since the last update on my net worth has increased with NOK 5,069 (+ 0.4 %).

FI portfolio

NOK 656,172

Since the last update on my FI portfolio has increased with NOK 5,069 (+ 0.78 %).

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 225,369 -1,129 224,240
Investments 325,503 +5,997 331,500
Retirement acc 100,231 +201 100,432
Real estate 2,000,000 0 2,000,000
Other assets 11,000 0 11,000
Total assets 2,662,103 +5,069 2,667,172

Mortgage 1,071,848 0 1,071,848
Other debt 333,156 0 333,156
Total debt 1,405,004 0 1,405,004
Change
Cash 228,345 -4,105 224,240
Investments 276,290 +55,210 331,500
Retirement acc 90,098 +10,334 100,432
Real estate 2,000,000 0 2,000,000
Other assets 11,000 0 11,000
Total assets 2,605,733 +61,439 2,667,172

Mortgage 1,076,471 -4,623 1,071,848
Other debt 331,894 + 1,262 333,156
Total debt 1,408,365 + -3,361 1,405,004
Change
Cash 229,669 -5,429 224,240
Investments 218,295 +113,205 331,500
Retirement acc 79,959 +20,473 100,432
Real estate 2,000,000 0 2,000,000
Other assets 8,000 + 3,000 11,000
Total assets 2,535,923 +131,249 2,667,172

Mortgage 1,105,445 -33,597 1,071,848
Other debt 354,482 -21,326 333,156
Total debt 1,459,927 -54,923 1,405,004

I am now 11.3% 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 656,172 FIRE target: NOK 5,800,000


11.3%

FI portfolio

My FI portfolio now consists of NOK 331,500 (50.5%) in investments, NOK 100,432 (15.3%) in retirement accounts, and NOK 224,240 (34.2%) in cash.

Investments

Since my last update, my investments increased with NOK 5,997 (1.84%).

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 increased with NOK 201 (0.2%).

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 2,187 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
2,187/month
(4.0% SWR)
1,913/month
(3.5% SWR)
1,640/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 7 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another NOK 904,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,239,828


Financial independence forecast