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This is poiken's #15 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 742,141 and my FI portfolio increased to NOK 703,394


Net worth

NOK 742,141

Since the last update on my net worth has increased with NOK 114,427 (+ 18.23 %).

FI portfolio

NOK 703,394

Since the last update on my FI portfolio has increased with NOK 109,979 (+ 18.53 %).

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 20,000 +5,000 25,000
Investments 455,810 +92,974 548,784
Retirement acc 117,605 +12,005 129,610
Real estate 2,910,000 0 2,910,000
Other assets 0 0 0
Total assets 3,503,415 +109,979 3,613,394

Mortgage 2,429,374 -3,122 2,426,252
Other debt 446,327 -1,326 445,001
Total debt 2,875,701 -4,448 2,871,253
Change
Cash 14,000 +11,000 25,000
Investments 433,029 +115,755 548,784
Retirement acc 110,044 +19,566 129,610
Real estate 2,910,000 0 2,910,000
Other assets 0 0 0
Total assets 3,467,073 +146,321 3,613,394

Mortgage 2,435,454 -9,202 2,426,252
Other debt 445,956 -955 445,001
Total debt 2,881,410 -10,157 2,871,253
Change
Cash 10,000 +15,000 25,000
Investments 300,830 +247,954 548,784
Retirement acc 77,730 +51,880 129,610
Real estate 2,910,000 0 2,910,000
Other assets 0 0 0
Total assets 3,298,560 +314,834 3,613,394

Mortgage 2,450,000 -23,748 2,426,252
Other debt 444,000 + 1,001 445,001
Total debt 2,894,000 -22,747 2,871,253

I am now 17.6% on my way to achive my FIRE target of NOK 4,000,000. This is 2.7 percentage points closer, compared to the last net worth update.

NOK 703,394 FIRE target: NOK 4,000,000


17.6%

FI portfolio

My FI portfolio now consists of NOK 548,784 (78.0%) in investments, NOK 129,610 (18.4%) in retirement accounts, and NOK 25,000 (3.6%) in cash.

Investments

Since my last update, my investments increased with NOK 92,974 (20.4%), of which NOK 4,000 was from contributions, and NOK 35,009 was from returns.

Since I started tracking, my total contributions have been NOK 75,618, and my total return has been NOK 211,345.

Retirement accounts

Since my last update, my retirement accounts increased with NOK 12,005 (10.21%), of which NOK 3,825 was from contributions , and NOK 7,122 was from returns.

Since I started tracking, my total contributions have been NOK 32,319, and my total return is NOK 30,508.




How much can I withdraw according to the 4%-rule?

If I quit working today, my monthly pay out would be NOK 2,344 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
2,344/month
(4.0% SWR)
2,051/month
(3.5% SWR)
1,758/month
(3.0% SWR)


When can I retire?

FI date

My age

39

I am currently aiming to save/invest approximately NOK 13,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 4,000,000 in 10 years and 0 months, in , and at that time I will be 39 years old.

By that time I will have invested/saved another NOK 1,586,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 1,710,606


Financial independence forecast