Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is wornoutTuna1's #27 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,314,180 and my FI portfolio increased to NOK 704,856


Net worth

NOK 1,314,180

Since the last update on my net worth has increased with NOK 3,709 (+ 0.28 %).

FI portfolio

NOK 704,856

Since the last update on my FI portfolio has increased with NOK 3,708 (+ 0.53 %).

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 243,538 -11,029 232,509
Investments 358,751 +12,215 370,966
Retirement acc 98,859 +2,522 101,381
Real estate 2,000,000 0 2,000,000
Other assets 11,000 0 11,000
Total assets 2,712,148 +3,708 2,715,856

Mortgage 1,066,812 0 1,066,812
Other debt 334,865 -1 334,864
Total debt 1,401,677 -1 1,401,676
Change
Cash 228,345 +4,164 232,509
Investments 276,290 +94,676 370,966
Retirement acc 90,098 +11,283 101,381
Real estate 2,000,000 0 2,000,000
Other assets 11,000 0 11,000
Total assets 2,605,733 +110,123 2,715,856

Mortgage 1,076,471 -9,659 1,066,812
Other debt 331,894 + 2,970 334,864
Total debt 1,408,365 + -6,689 1,401,676
Change
Cash 229,669 +2,840 232,509
Investments 218,295 +152,671 370,966
Retirement acc 79,959 +21,422 101,381
Real estate 2,000,000 0 2,000,000
Other assets 8,000 + 3,000 11,000
Total assets 2,535,923 +179,933 2,715,856

Mortgage 1,105,445 -38,633 1,066,812
Other debt 354,482 -19,618 334,864
Total debt 1,459,927 -58,251 1,401,676

I am now 12.2% 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 704,856 FIRE target: NOK 5,800,000


12.2%

FI portfolio

My FI portfolio now consists of NOK 370,966 (52.6%) in investments, NOK 101,381 (14.4%) in retirement accounts, and NOK 232,509 (33.0%) in cash.

Investments

Since my last update, my investments increased with NOK 12,215 (3.4%).

Since I started tracking, my total contributions have been NOK 141,000, and my total return has been NOK 335,960.

Retirement accounts

Since my last update, my retirement accounts increased with NOK 2,522 (2.55%).

Since I started tracking, my total contributions have been NOK 20,480, and my total return is NOK 62,478.




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

If I quit working today, my monthly pay out would be NOK 2,349 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
2,349/month
(4.0% SWR)
2,055/month
(3.5% SWR)
1,762/month
(3.0% SWR)


When can I retire?

FI date

My age

41

I am currently aiming to save/invest approximately NOK 15,000 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 10 years and 8 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another NOK 2,115,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 2,980,144


Financial independence forecast