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Net worth update per


This is wornoutTuna1's #59 net worth update. Please check out my profile here for more information. As of , my net worth decreased to NOK 1,955,970 and my FI portfolio decreased to NOK 1,076,620


Net worth

NOK 1,955,970

Since the last update on my net worth has decreased with NOK -10,536 ( -0.54 %).

FI portfolio

NOK 1,076,620

Since the last update on my FI portfolio has decreased with NOK -1,000,536 ( -48.17 %).

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 1,106,441 -1,009,620 96,821
Investments 756,000 +8,538 764,538
Retirement acc 214,715 +546 215,261
Real estate 4,800,000 0 4,800,000
Other assets 0 0 0
Total assets 6,877,156 -1,000,536 5,876,620

Mortgage 4,566,000 -990,000 3,576,000
Other debt 344,650 0 344,650
Total debt 4,910,650 -990,000 3,920,650
Change
Cash 252,382 -155,561 96,821
Investments 535,635 +228,903 764,538
Retirement acc 142,295 +72,966 215,261
Real estate 2,000,000 + 2,800,000 4,800,000
Other assets 0 0 0
Total assets 2,930,312 +2,946,308 5,876,620

Mortgage 1,048,897 2,527,103 3,576,000
Other debt 341,123 + 3,527 344,650
Total debt 1,390,020 + 2,530,630 3,920,650
Change
Cash 229,669 -132,848 96,821
Investments 218,295 +546,243 764,538
Retirement acc 79,959 +135,302 215,261
Real estate 2,000,000 + 2,800,000 4,800,000
Other assets 8,000 -8,000 0
Total assets 2,535,923 +3,340,697 5,876,620

Mortgage 1,105,445 2,470,555 3,576,000
Other debt 354,482 -9,832 344,650
Total debt 1,459,927 + 2,460,723 3,920,650

I am now 18.6% on my way to achive my FIRE target of NOK 5,800,000. This is -17.3 percentage points closer, compared to the last net worth update.

NOK 1,076,620 FIRE target: NOK 5,800,000


18.6%

FI portfolio

My FI portfolio now consists of NOK 764,538 (71.0%) in investments, NOK 215,261 (20.0%) in retirement accounts, and NOK 96,821 (9.0%) in cash.

Investments

Since my last update, my investments increased with NOK 8,538 (1.13%).

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 546 (0.25%).

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 3,588 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
3,588/month
(4.0% SWR)
3,140/month
(3.5% SWR)
2,691/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 11 months, in , and at that time I will be 45 years old.

By that time I will have invested/saved another NOK 696,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,027,380


Financial independence forecast