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Net worth update per


This is wornoutTuna1's #54 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,775,093 and my FI portfolio increased to NOK 1,162,414


Net worth

NOK 1,775,093

Since the last update on my net worth has increased with NOK 40,754 (+ 2.35 %).

FI portfolio

NOK 1,162,414

Since the last update on my FI portfolio has increased with NOK 40,750 (+ 3.63 %).

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 329,392 -5,992 323,400
Investments 637,395 +41,605 679,000
Retirement acc 154,877 +5,137 160,014
Real estate 2,000,000 0 2,000,000
Other assets 0 0 0
Total assets 3,121,664 +40,750 3,162,414

Mortgage 1,042,671 0 1,042,671
Other debt 344,654 -4 344,650
Total debt 1,387,325 -4 1,387,321
Change
Cash 252,382 +71,018 323,400
Investments 535,635 +143,365 679,000
Retirement acc 142,295 +17,719 160,014
Real estate 2,000,000 0 2,000,000
Other assets 0 0 0
Total assets 2,930,312 +232,102 3,162,414

Mortgage 1,048,897 -6,226 1,042,671
Other debt 341,123 + 3,527 344,650
Total debt 1,390,020 + -2,699 1,387,321
Change
Cash 229,669 +93,731 323,400
Investments 218,295 +460,705 679,000
Retirement acc 79,959 +80,055 160,014
Real estate 2,000,000 0 2,000,000
Other assets 8,000 -8,000 0
Total assets 2,535,923 +626,491 3,162,414

Mortgage 1,105,445 -62,774 1,042,671
Other debt 354,482 -9,832 344,650
Total debt 1,459,927 -72,606 1,387,321

I am now 20.0% on my way to achive my FIRE target of NOK 5,800,000. This is 0.7 percentage points closer, compared to the last net worth update.

NOK 1,162,414 FIRE target: NOK 5,800,000


20.0%

FI portfolio

My FI portfolio now consists of NOK 679,000 (58.4%) in investments, NOK 160,014 (13.8%) in retirement accounts, and NOK 323,400 (27.8%) in cash.

Investments

Since my last update, my investments increased with NOK 41,605 (6.53%).

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 5,137 (3.32%).

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 3,874 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
3,874/month
(4.0% SWR)
3,390/month
(3.5% SWR)
2,906/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 10 months, in , and at that time I will be 45 years old.

By that time I will have invested/saved another NOK 720,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 3,917,586


Financial independence forecast