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This is laaknor's #20 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 4,725,533 and my FI portfolio increased to NOK 2,350,237


Net worth

NOK 4,725,533

Since the last update on my net worth has increased with NOK 266,850 (+ 5.98 %).

FI portfolio

NOK 2,350,237

Since the last update on my FI portfolio has increased with NOK 25,208 (+ 1.08 %).

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 0 0 0
Investments 2,004,559 +7,848 2,012,407
Retirement acc 320,470 +17,360 337,830
Real estate 4,920,000 + 250,000 5,170,000
Other assets 0 0 0
Total assets 7,245,029 +275,208 7,520,237

Mortgage 2,786,346 8,358 2,794,704
Other debt 0 0 0
Total debt 2,786,346 8,358 2,794,704
Change
Cash 0 0 0
Investments 1,193,168 +819,239 2,012,407
Retirement acc 263,596 +74,234 337,830
Real estate 4,770,000 + 400,000 5,170,000
Other assets 704,242 -704,242 0
Total assets 6,931,006 +589,231 7,520,237

Mortgage 2,913,596 -118,892 2,794,704
Other debt 0 0 0
Total debt 2,913,596 -118,892 2,794,704
Change
Cash 30,000 -30,000 0
Investments 328,000 +1,684,407 2,012,407
Retirement acc 75,000 +262,830 337,830
Real estate 4,630,000 + 540,000 5,170,000
Other assets 51,000 -51,000 0
Total assets 5,114,000 +2,406,237 7,520,237

Mortgage 2,309,489 485,215 2,794,704
Other debt 0 0 0
Total debt 2,309,489 + 485,215 2,794,704

I am now 23.5% on my way to achive my FIRE target of NOK 10,000,000. This is 0.3 percentage points closer, compared to the last net worth update.

NOK 2,350,237 FIRE target: NOK 10,000,000


23.5%

FI portfolio

My FI portfolio now consists of NOK 2,012,407 (85.6%) in investments, NOK 337,830 (14.4%) in retirement accounts, and NOK 0 (0.0%) in cash.

Investments

Since my last update, my investments increased with NOK 7,848 (0.39%), of which NOK 60,000 was from contributions, and NOK 66,521 was from returns.

Since I started tracking, my total contributions have been NOK 60,000, and my total return has been NOK 2,039,165.

Retirement accounts

Since my last update, my retirement accounts increased with NOK 17,360 (5.42%), of which NOK 1,250 was from contributions , and NOK 3,385 was from returns.

Since I started tracking, my total contributions have been NOK 1,250, and my total return is NOK 314,583.




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

If I quit working today, my monthly pay out would be NOK 7,834 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
7,834/month
(4.0% SWR)
6,854/month
(3.5% SWR)
5,875/month
(3.0% SWR)


When can I retire?

FI date

My age

48

I am currently aiming to save/invest approximately NOK 25,000 each month.

Assuming an annual return of 9% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 10,000,000 in 8 years and 7 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another NOK 2,850,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,799,763


Financial independence forecast