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Net worth update per


This is wornoutTuna1's #24 net worth update. Please check out my profile here for more information. As of , my net worth decreased to NOK 1,278,920 and my FI portfolio decreased to NOK 671,363


Net worth

NOK 1,278,920

Since the last update on my net worth has decreased with NOK -2,162 ( -0.17 %).

FI portfolio

NOK 671,363

Since the last update on my FI portfolio has decreased with NOK -1,380 ( -0.21 %).

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 239,441 -15,880 223,561
Investments 333,862 +14,374 348,236
Retirement acc 99,440 +126 99,566
Real estate 2,000,000 0 2,000,000
Other assets 11,000 0 11,000
Total assets 2,683,743 -1,380 2,682,363

Mortgage 1,069,505 20 1,069,525
Other debt 333,156 + 762 333,918
Total debt 1,402,661 + 782 1,403,443
Change
Cash 228,345 -4,784 223,561
Investments 276,290 +71,946 348,236
Retirement acc 90,098 +9,468 99,566
Real estate 2,000,000 0 2,000,000
Other assets 11,000 0 11,000
Total assets 2,605,733 +76,630 2,682,363

Mortgage 1,076,471 -6,946 1,069,525
Other debt 331,894 + 2,024 333,918
Total debt 1,408,365 + -4,922 1,403,443
Change
Cash 229,669 -6,108 223,561
Investments 218,295 +129,941 348,236
Retirement acc 79,959 +19,607 99,566
Real estate 2,000,000 0 2,000,000
Other assets 8,000 + 3,000 11,000
Total assets 2,535,923 +146,440 2,682,363

Mortgage 1,105,445 -35,920 1,069,525
Other debt 354,482 -20,564 333,918
Total debt 1,459,927 -56,484 1,403,443

I am now 11.6% on my way to achive my FIRE target of NOK 5,800,000. This is -0.0 percentage points closer, compared to the last net worth update.

NOK 671,363 FIRE target: NOK 5,800,000


11.6%

FI portfolio

My FI portfolio now consists of NOK 348,236 (51.9%) in investments, NOK 99,566 (14.8%) in retirement accounts, and NOK 223,561 (33.3%) in cash.

Investments

Since my last update, my investments increased with NOK 14,374 (4.31%).

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 increased with NOK 126 (0.13%).

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 2,237 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
2,237/month
(4.0% SWR)
1,958/month
(3.5% SWR)
1,678/month
(3.0% SWR)


When can I retire?

FI date

My age

47

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 0 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another NOK 896,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,232,637


Financial independence forecast