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This is wornoutTuna1's #33 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,415,110 and my FI portfolio increased to NOK 801,263


Net worth

NOK 1,415,110

Since the last update on my net worth has increased with NOK 4,217 (+ 0.3 %).

FI portfolio

NOK 801,263

Since the last update on my FI portfolio has increased with NOK 4,217 (+ 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 243,794 -1,876 241,918
Investments 430,115 +3,432 433,547
Retirement acc 123,137 +2,661 125,798
Real estate 2,000,000 0 2,000,000
Other assets 9,000 0 9,000
Total assets 2,806,046 +4,217 2,810,263

Mortgage 1,057,384 0 1,057,384
Other debt 337,769 0 337,769
Total debt 1,395,153 0 1,395,153
Change
Cash 228,345 +13,573 241,918
Investments 276,290 +157,257 433,547
Retirement acc 90,098 +35,700 125,798
Real estate 2,000,000 0 2,000,000
Other assets 11,000 -2,000 9,000
Total assets 2,605,733 +204,530 2,810,263

Mortgage 1,076,471 -19,087 1,057,384
Other debt 331,894 + 5,875 337,769
Total debt 1,408,365 + -13,212 1,395,153
Change
Cash 229,669 +12,249 241,918
Investments 218,295 +215,252 433,547
Retirement acc 79,959 +45,839 125,798
Real estate 2,000,000 0 2,000,000
Other assets 8,000 + 1,000 9,000
Total assets 2,535,923 +274,340 2,810,263

Mortgage 1,105,445 -48,061 1,057,384
Other debt 354,482 -16,713 337,769
Total debt 1,459,927 -64,774 1,395,153

I am now 13.8% 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 801,263 FIRE target: NOK 5,800,000


13.8%

FI portfolio

My FI portfolio now consists of NOK 433,547 (54.1%) in investments, NOK 125,798 (15.7%) in retirement accounts, and NOK 241,918 (30.2%) in cash.

Investments

Since my last update, my investments increased with NOK 3,432 (0.8%).

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 2,661 (2.16%).

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 2,670 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
2,670/month
(4.0% SWR)
2,337/month
(3.5% SWR)
2,003/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 8 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another NOK 840,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,158,737


Financial independence forecast