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Net worth update per


This is Botta123's #5 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 2,999,600 and my FI portfolio increased to NOK 2,068,400


Net worth

NOK 2,999,600

Since the last update on my net worth has increased with NOK 229,500 (+ 8.28 %).

FI portfolio

NOK 2,068,400

Since the last update on my FI portfolio has increased with NOK 454,400 (+ 28.15 %).

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 482,200 -67,200 415,000
Investments 922,100 +387,900 1,310,000
Retirement acc 209,700 +133,700 343,400
Real estate 2,550,000 -90,000 2,460,000
Other assets 198,000 + 50,700 248,700
Total assets 4,362,000 +415,100 4,777,100

Mortgage 1,167,600 199,900 1,367,500
Other debt 424,300 -14,300 410,000
Total debt 1,591,900 185,600 1,777,500
Change
Cash 482,200 -67,200 415,000
Investments 922,100 +387,900 1,310,000
Retirement acc 209,700 +133,700 343,400
Real estate 2,550,000 -90,000 2,460,000
Other assets 198,000 + 50,700 248,700
Total assets 4,362,000 +415,100 4,777,100

Mortgage 1,167,600 199,900 1,367,500
Other debt 424,300 -14,300 410,000
Total debt 1,591,900 185,600 1,777,500
Change
Cash 805,000 -390,000 415,000
Investments 931,000 +379,000 1,310,000
Retirement acc 0 +343,400 343,400
Real estate 0 + 2,460,000 2,460,000
Other assets 30,000 + 218,700 248,700
Total assets 1,766,000 +3,011,100 4,777,100

Mortgage 0 1,367,500 1,367,500
Other debt 478,000 -68,000 410,000
Total debt 478,000 + 1,299,500 1,777,500

I am now 34.5% on my way to achive my FIRE target of NOK 6,000,000. This is 7.6 percentage points closer, compared to the last net worth update.

NOK 2,068,400 FIRE target: NOK 6,000,000


34.5%

FI portfolio

My FI portfolio now consists of NOK 1,310,000 (63.3%) in investments, NOK 343,400 (16.6%) in retirement accounts, and NOK 415,000 (20.1%) in cash.

Investments

Since my last update, my investments increased with NOK 387,900 (42.07%), of which NOK 95,000 was from contributions, and NOK 292,900 was from returns.

Since I started tracking, my total contributions have been NOK 172,000, and my total return has been NOK 207,000.

Retirement accounts

Since my last update, my retirement accounts increased with NOK 133,700 (63.76%), of which NOK 67,250 was from contributions , and NOK 66,450 was from returns.

Since I started tracking, my total contributions have been NOK 239,250, and my total return is NOK 104,150.




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

If I quit working today, my monthly pay out would be NOK 6,894 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
6,894/month
(4.0% SWR)
6,032/month
(3.5% SWR)
5,171/month
(3.0% SWR)


When can I retire?

FI date

My age

38

I am currently aiming to save/invest approximately NOK 20,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 6,000,000 in 7 years and 1 months, in , and at that time I will be 38 years old.

By that time I will have invested/saved another NOK 1,820,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 2,111,600


Financial independence forecast