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Net worth update per


This is wornoutTuna1's #52 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,655,531 and my FI portfolio increased to NOK 1,044,905


Net worth

NOK 1,655,531

Since the last update on my net worth has increased with NOK 49,813 (+ 3.1 %).

FI portfolio

NOK 1,044,905

Since the last update on my FI portfolio has increased with NOK 49,821 (+ 5.01 %).

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 268,124 +32,022 300,146
Investments 574,521 +17,659 592,180
Retirement acc 152,439 +140 152,579
Real estate 2,000,000 0 2,000,000
Other assets 0 0 0
Total assets 2,995,084 +49,821 3,044,905

Mortgage 1,044,712 8 1,044,720
Other debt 344,654 0 344,654
Total debt 1,389,366 8 1,389,374
Change
Cash 252,382 +47,764 300,146
Investments 535,635 +56,545 592,180
Retirement acc 142,295 +10,284 152,579
Real estate 2,000,000 0 2,000,000
Other assets 0 0 0
Total assets 2,930,312 +114,593 3,044,905

Mortgage 1,048,897 -4,177 1,044,720
Other debt 341,123 + 3,531 344,654
Total debt 1,390,020 + -646 1,389,374
Change
Cash 229,669 +70,477 300,146
Investments 218,295 +373,885 592,180
Retirement acc 79,959 +72,620 152,579
Real estate 2,000,000 0 2,000,000
Other assets 8,000 -8,000 0
Total assets 2,535,923 +508,982 3,044,905

Mortgage 1,105,445 -60,725 1,044,720
Other debt 354,482 -9,828 344,654
Total debt 1,459,927 -70,553 1,389,374

I am now 18.0% on my way to achive my FIRE target of NOK 5,800,000. This is 0.9 percentage points closer, compared to the last net worth update.

NOK 1,044,905 FIRE target: NOK 5,800,000


18.0%

FI portfolio

My FI portfolio now consists of NOK 592,180 (56.7%) in investments, NOK 152,579 (14.6%) in retirement accounts, and NOK 300,146 (28.7%) in cash.

Investments

Since my last update, my investments increased with NOK 17,659 (3.07%).

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 140 (0.09%).

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 3,483 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
3,483/month
(4.0% SWR)
3,047/month
(3.5% SWR)
2,612/month
(3.0% SWR)


When can I retire?

FI date

My age

45

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 45 years old.

By that time I will have invested/saved another NOK 756,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 3,999,095


Financial independence forecast