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This is wornoutTuna1's #53 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,734,339 and my FI portfolio increased to NOK 1,121,664


Net worth

NOK 1,734,339

Since the last update on my net worth has increased with NOK 78,808 (+ 4.76 %).

FI portfolio

NOK 1,121,664

Since the last update on my FI portfolio has increased with NOK 76,759 (+ 7.35 %).

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 300,146 +29,246 329,392
Investments 592,180 +45,215 637,395
Retirement acc 152,579 +2,298 154,877
Real estate 2,000,000 0 2,000,000
Other assets 0 0 0
Total assets 3,044,905 +76,759 3,121,664

Mortgage 1,044,720 -2,049 1,042,671
Other debt 344,654 0 344,654
Total debt 1,389,374 -2,049 1,387,325
Change
Cash 252,382 +77,010 329,392
Investments 535,635 +101,760 637,395
Retirement acc 142,295 +12,582 154,877
Real estate 2,000,000 0 2,000,000
Other assets 0 0 0
Total assets 2,930,312 +191,352 3,121,664

Mortgage 1,048,897 -6,226 1,042,671
Other debt 341,123 + 3,531 344,654
Total debt 1,390,020 + -2,695 1,387,325
Change
Cash 229,669 +99,723 329,392
Investments 218,295 +419,100 637,395
Retirement acc 79,959 +74,918 154,877
Real estate 2,000,000 0 2,000,000
Other assets 8,000 -8,000 0
Total assets 2,535,923 +585,741 3,121,664

Mortgage 1,105,445 -62,774 1,042,671
Other debt 354,482 -9,828 344,654
Total debt 1,459,927 -72,602 1,387,325

I am now 19.3% on my way to achive my FIRE target of NOK 5,800,000. This is 1.3 percentage points closer, compared to the last net worth update.

NOK 1,121,664 FIRE target: NOK 5,800,000


19.3%

FI portfolio

My FI portfolio now consists of NOK 637,395 (56.8%) in investments, NOK 154,877 (13.8%) in retirement accounts, and NOK 329,392 (29.4%) in cash.

Investments

Since my last update, my investments increased with NOK 45,215 (7.64%).

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 2,298 (1.51%).

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 3,738 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
3,738/month
(4.0% SWR)
3,271/month
(3.5% SWR)
2,804/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 13 years and 7 months, in , and at that time I will be 45 years old.

By that time I will have invested/saved another NOK 736,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 3,942,336


Financial independence forecast