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Net worth update per


This is wornoutTuna1's #56 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 2,056,800 and my FI portfolio increased to NOK 1,254,050


Net worth

NOK 2,056,800

Since the last update on my net worth has increased with NOK 276,144 (+ 15.51 %).

FI portfolio

NOK 1,254,050

Since the last update on my FI portfolio has increased with NOK 86,069 (+ 7.37 %).

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 309,809 +29,291 339,100
Investments 695,255 +15,745 711,000
Retirement acc 162,917 +41,033 203,950
Real estate 2,000,000 + 190,000 2,190,000
Other assets 0 0 0
Total assets 3,167,981 +276,069 3,444,050

Mortgage 1,042,671 -71 1,042,600
Other debt 344,654 -4 344,650
Total debt 1,387,325 -75 1,387,250
Change
Cash 252,382 +86,718 339,100
Investments 535,635 +175,365 711,000
Retirement acc 142,295 +61,655 203,950
Real estate 2,000,000 + 190,000 2,190,000
Other assets 0 0 0
Total assets 2,930,312 +513,738 3,444,050

Mortgage 1,048,897 -6,297 1,042,600
Other debt 341,123 + 3,527 344,650
Total debt 1,390,020 + -2,770 1,387,250
Change
Cash 229,669 +109,431 339,100
Investments 218,295 +492,705 711,000
Retirement acc 79,959 +123,991 203,950
Real estate 2,000,000 + 190,000 2,190,000
Other assets 8,000 -8,000 0
Total assets 2,535,923 +908,127 3,444,050

Mortgage 1,105,445 -62,845 1,042,600
Other debt 354,482 -9,832 344,650
Total debt 1,459,927 -72,677 1,387,250

I am now 21.6% on my way to achive my FIRE target of NOK 5,800,000. This is 1.5 percentage points closer, compared to the last net worth update.

NOK 1,254,050 FIRE target: NOK 5,800,000


21.6%

FI portfolio

My FI portfolio now consists of NOK 711,000 (56.7%) in investments, NOK 203,950 (16.3%) in retirement accounts, and NOK 339,100 (27.0%) in cash.

Investments

Since my last update, my investments increased with NOK 15,745 (2.26%).

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 41,033 (25.19%).

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 4,180 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
4,180/month
(4.0% SWR)
3,657/month
(3.5% SWR)
3,135/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 8 months, in , and at that time I will be 45 years old.

By that time I will have invested/saved another NOK 692,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 3,853,950


Financial independence forecast