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This is wornoutTuna1's #55 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 1,780,656 and my FI portfolio increased to NOK 1,167,981


Net worth

NOK 1,780,656

Since the last update on my net worth has increased with NOK 5,563 (+ 0.31 %).

FI portfolio

NOK 1,167,981

Since the last update on my FI portfolio has increased with NOK 5,567 (+ 0.48 %).

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 323,400 -13,591 309,809
Investments 679,000 +16,255 695,255
Retirement acc 160,014 +2,903 162,917
Real estate 2,000,000 0 2,000,000
Other assets 0 0 0
Total assets 3,162,414 +5,567 3,167,981

Mortgage 1,042,671 0 1,042,671
Other debt 344,650 + 4 344,654
Total debt 1,387,321 + 4 1,387,325
Change
Cash 252,382 +57,427 309,809
Investments 535,635 +159,620 695,255
Retirement acc 142,295 +20,622 162,917
Real estate 2,000,000 0 2,000,000
Other assets 0 0 0
Total assets 2,930,312 +237,669 3,167,981

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 +80,140 309,809
Investments 218,295 +476,960 695,255
Retirement acc 79,959 +82,958 162,917
Real estate 2,000,000 0 2,000,000
Other assets 8,000 -8,000 0
Total assets 2,535,923 +632,058 3,167,981

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 20.1% on my way to achive my FIRE target of NOK 5,800,000. This is 0.1 percentage points closer, compared to the last net worth update.

NOK 1,167,981 FIRE target: NOK 5,800,000


20.1%

FI portfolio

My FI portfolio now consists of NOK 695,255 (59.5%) in investments, NOK 162,917 (13.9%) in retirement accounts, and NOK 309,809 (26.5%) in cash.

Investments

Since my last update, my investments increased with NOK 16,255 (2.39%).

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 2,903 (1.81%).

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 3,893 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
3,893/month
(4.0% SWR)
3,406/month
(3.5% SWR)
2,919/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 2 months, in , and at that time I will be 45 years old.

By that time I will have invested/saved another NOK 712,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 3,920,019


Financial independence forecast