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Net worth update per


This is wornoutTuna1's #35 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,414,616 and my FI portfolio increased to NOK 802,829


Net worth

NOK 1,414,616

Since the last update on my net worth has increased with NOK 4,606 (+ 0.33 %).

FI portfolio

NOK 802,829

Since the last update on my FI portfolio has increased with NOK 4,606 (+ 0.58 %).

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 230,636 +2,377 233,013
Investments 441,916 +2,229 444,145
Retirement acc 125,671 0 125,671
Real estate 2,000,000 0 2,000,000
Other assets 8,000 0 8,000
Total assets 2,806,223 +4,606 2,810,829

Mortgage 1,057,393 0 1,057,393
Other debt 338,820 0 338,820
Total debt 1,396,213 0 1,396,213
Change
Cash 228,345 +4,668 233,013
Investments 276,290 +167,855 444,145
Retirement acc 90,098 +35,573 125,671
Real estate 2,000,000 0 2,000,000
Other assets 11,000 -3,000 8,000
Total assets 2,605,733 +205,096 2,810,829

Mortgage 1,076,471 -19,078 1,057,393
Other debt 331,894 + 6,926 338,820
Total debt 1,408,365 + -12,152 1,396,213
Change
Cash 229,669 +3,344 233,013
Investments 218,295 +225,850 444,145
Retirement acc 79,959 +45,712 125,671
Real estate 2,000,000 0 2,000,000
Other assets 8,000 0 8,000
Total assets 2,535,923 +274,906 2,810,829

Mortgage 1,105,445 -48,052 1,057,393
Other debt 354,482 -15,662 338,820
Total debt 1,459,927 -63,714 1,396,213

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 802,829 FIRE target: NOK 5,800,000


13.8%

FI portfolio

My FI portfolio now consists of NOK 444,145 (55.3%) in investments, NOK 125,671 (15.7%) in retirement accounts, and NOK 233,013 (29.0%) in cash.

Investments

Since my last update, my investments increased with NOK 2,229 (0.5%).

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 0 (0.0%).

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 2,676 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
2,676/month
(4.0% SWR)
2,341/month
(3.5% SWR)
2,007/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 2 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another NOK 836,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,161,171


Financial independence forecast