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Net worth update per


This is wornoutTuna1's #23 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,281,082 and my FI portfolio increased to NOK 672,743


Net worth

NOK 1,281,082

Since the last update on my net worth has increased with NOK 18,914 (+ 1.5 %).

FI portfolio

NOK 672,743

Since the last update on my FI portfolio has increased with NOK 16,571 (+ 2.53 %).

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 224,240 +15,201 239,441
Investments 331,500 +2,362 333,862
Retirement acc 100,432 -992 99,440
Real estate 2,000,000 0 2,000,000
Other assets 11,000 0 11,000
Total assets 2,667,172 +16,571 2,683,743

Mortgage 1,071,848 -2,343 1,069,505
Other debt 333,156 0 333,156
Total debt 1,405,004 -2,343 1,402,661
Change
Cash 228,345 +11,096 239,441
Investments 276,290 +57,572 333,862
Retirement acc 90,098 +9,342 99,440
Real estate 2,000,000 0 2,000,000
Other assets 11,000 0 11,000
Total assets 2,605,733 +78,010 2,683,743

Mortgage 1,076,471 -6,966 1,069,505
Other debt 331,894 + 1,262 333,156
Total debt 1,408,365 + -5,704 1,402,661
Change
Cash 229,669 +9,772 239,441
Investments 218,295 +115,567 333,862
Retirement acc 79,959 +19,481 99,440
Real estate 2,000,000 0 2,000,000
Other assets 8,000 + 3,000 11,000
Total assets 2,535,923 +147,820 2,683,743

Mortgage 1,105,445 -35,940 1,069,505
Other debt 354,482 -21,326 333,156
Total debt 1,459,927 -57,266 1,402,661

I am now 11.6% on my way to achive my FIRE target of NOK 5,800,000. This is 0.3 percentage points closer, compared to the last net worth update.

NOK 672,743 FIRE target: NOK 5,800,000


11.6%

FI portfolio

My FI portfolio now consists of NOK 333,862 (49.6%) in investments, NOK 99,440 (14.8%) in retirement accounts, and NOK 239,441 (35.6%) in cash.

Investments

Since my last update, my investments increased with NOK 2,362 (0.71%).

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 -992 (-0.99%).

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 2,242 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
2,242/month
(4.0% SWR)
1,962/month
(3.5% SWR)
1,681/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 1 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 4,223,257


Financial independence forecast