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Net worth update per


This is wornoutTuna1's #58 net worth update. Please check out my profile here for more information. As of , my net worth decreased to NOK 1,966,506 and my FI portfolio increased to NOK 2,077,156


Net worth

NOK 1,966,506

Since the last update on my net worth has decreased with NOK -82,894 ( -4.04 %).

FI portfolio

NOK 2,077,156

Since the last update on my FI portfolio has increased with NOK 823,106 (+ 65.64 %).

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 339,100 +767,341 1,106,441
Investments 711,000 +45,000 756,000
Retirement acc 203,950 +10,765 214,715
Real estate 4,800,000 0 4,800,000
Other assets 0 0 0
Total assets 6,054,050 +823,106 6,877,156

Mortgage 3,660,000 906,000 4,566,000
Other debt 344,650 0 344,650
Total debt 4,004,650 906,000 4,910,650
Change
Cash 252,382 +854,059 1,106,441
Investments 535,635 +220,365 756,000
Retirement acc 142,295 +72,420 214,715
Real estate 2,000,000 + 2,800,000 4,800,000
Other assets 0 0 0
Total assets 2,930,312 +3,946,844 6,877,156

Mortgage 1,048,897 3,517,103 4,566,000
Other debt 341,123 + 3,527 344,650
Total debt 1,390,020 + 3,520,630 4,910,650
Change
Cash 229,669 +876,772 1,106,441
Investments 218,295 +537,705 756,000
Retirement acc 79,959 +134,756 214,715
Real estate 2,000,000 + 2,800,000 4,800,000
Other assets 8,000 -8,000 0
Total assets 2,535,923 +4,341,233 6,877,156

Mortgage 1,105,445 3,460,555 4,566,000
Other debt 354,482 -9,832 344,650
Total debt 1,459,927 + 3,450,723 4,910,650

I am now 35.8% on my way to achive my FIRE target of NOK 5,800,000. This is 14.2 percentage points closer, compared to the last net worth update.

NOK 2,077,156 FIRE target: NOK 5,800,000


35.8%

FI portfolio

My FI portfolio now consists of NOK 756,000 (36.4%) in investments, NOK 214,715 (10.3%) in retirement accounts, and NOK 1,106,441 (53.3%) in cash.

Investments

Since my last update, my investments increased with NOK 45,000 (6.33%).

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 10,765 (5.28%).

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 6,923 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
6,923/month
(4.0% SWR)
6,058/month
(3.5% SWR)
5,192/month
(3.0% SWR)


When can I retire?

FI date

My age

43

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 11 years and 7 months, in , and at that time I will be 43 years old.

By that time I will have invested/saved another NOK 584,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 3,138,844


Financial independence forecast