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Net worth update per


This is wornoutTuna1's #30 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,371,032 and my FI portfolio increased to NOK 757,880


Net worth

NOK 1,371,032

Since the last update on my net worth has increased with NOK 42,395 (+ 3.19 %).

FI portfolio

NOK 757,880

Since the last update on my FI portfolio has increased with NOK 40,007 (+ 5.57 %).

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 224,719 +7,281 232,000
Investments 380,999 +28,481 409,480
Retirement acc 112,155 +4,245 116,400
Real estate 2,000,000 0 2,000,000
Other assets 11,000 0 11,000
Total assets 2,728,873 +40,007 2,768,880

Mortgage 1,064,453 -2,405 1,062,048
Other debt 335,783 + 17 335,800
Total debt 1,400,236 + -2,388 1,397,848
Change
Cash 228,345 +3,655 232,000
Investments 276,290 +133,190 409,480
Retirement acc 90,098 +26,302 116,400
Real estate 2,000,000 0 2,000,000
Other assets 11,000 0 11,000
Total assets 2,605,733 +163,147 2,768,880

Mortgage 1,076,471 -14,423 1,062,048
Other debt 331,894 + 3,906 335,800
Total debt 1,408,365 + -10,517 1,397,848
Change
Cash 229,669 +2,331 232,000
Investments 218,295 +191,185 409,480
Retirement acc 79,959 +36,441 116,400
Real estate 2,000,000 0 2,000,000
Other assets 8,000 + 3,000 11,000
Total assets 2,535,923 +232,957 2,768,880

Mortgage 1,105,445 -43,397 1,062,048
Other debt 354,482 -18,682 335,800
Total debt 1,459,927 -62,079 1,397,848

I am now 13.1% on my way to achive my FIRE target of NOK 5,800,000. This is 0.7 percentage points closer, compared to the last net worth update.

NOK 757,880 FIRE target: NOK 5,800,000


13.1%

FI portfolio

My FI portfolio now consists of NOK 409,480 (54.0%) in investments, NOK 116,400 (15.4%) in retirement accounts, and NOK 232,000 (30.6%) in cash.

Investments

Since my last update, my investments increased with NOK 28,481 (7.48%).

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 4,245 (3.78%).

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 2,526 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
2,526/month
(4.0% SWR)
2,210/month
(3.5% SWR)
1,894/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 15 years and 10 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another NOK 856,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,186,120


Financial independence forecast