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This is wornoutTuna1's #49 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,551,766 and my FI portfolio increased to NOK 943,157


Net worth

NOK 1,551,766

Since the last update on my net worth has increased with NOK 14,919 (+ 0.97 %).

FI portfolio

NOK 943,157

Since the last update on my FI portfolio has increased with NOK 14,929 (+ 1.61 %).

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 257,003 -3,393 253,610
Investments 525,651 +18,104 543,755
Retirement acc 145,574 +218 145,792
Real estate 2,000,000 0 2,000,000
Other assets 0 0 0
Total assets 2,928,228 +14,929 2,943,157

Mortgage 1,046,727 10 1,046,737
Other debt 344,654 0 344,654
Total debt 1,391,381 10 1,391,391
Change
Cash 252,382 +1,228 253,610
Investments 535,635 +8,120 543,755
Retirement acc 142,295 +3,497 145,792
Real estate 2,000,000 0 2,000,000
Other assets 0 0 0
Total assets 2,930,312 +12,845 2,943,157

Mortgage 1,048,897 -2,160 1,046,737
Other debt 341,123 + 3,531 344,654
Total debt 1,390,020 + 1,371 1,391,391
Change
Cash 229,669 +23,941 253,610
Investments 218,295 +325,460 543,755
Retirement acc 79,959 +65,833 145,792
Real estate 2,000,000 0 2,000,000
Other assets 8,000 -8,000 0
Total assets 2,535,923 +407,234 2,943,157

Mortgage 1,105,445 -58,708 1,046,737
Other debt 354,482 -9,828 344,654
Total debt 1,459,927 -68,536 1,391,391

I am now 16.3% on my way to achive my FIRE target of NOK 5,800,000. This is 0.3 percentage points closer, compared to the last net worth update.

NOK 943,157 FIRE target: NOK 5,800,000


16.3%

FI portfolio

My FI portfolio now consists of NOK 543,755 (57.7%) in investments, NOK 145,792 (15.5%) in retirement accounts, and NOK 253,610 (26.9%) in cash.

Investments

Since my last update, my investments increased with NOK 18,104 (3.44%).

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 218 (0.15%).

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 3,143 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
3,143/month
(4.0% SWR)
2,750/month
(3.5% SWR)
2,357/month
(3.0% SWR)


When can I retire?

FI date

My age

46

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 14 years and 6 months, in , and at that time I will be 46 years old.

By that time I will have invested/saved another NOK 784,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,072,843


Financial independence forecast