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Net worth update per


This is wornoutTuna1's #60 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 2,130,058 and my FI portfolio decreased to NOK 1,072,336


Net worth

NOK 2,130,058

Since the last update on my net worth has increased with NOK 174,088 (+ 8.9 %).

FI portfolio

NOK 1,072,336

Since the last update on my FI portfolio has decreased with NOK -4,284 ( -0.4 %).

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 96,821 -33,922 62,899
Investments 764,538 -20,946 743,592
Retirement acc 215,261 +50,584 265,845
Real estate 4,800,000 + 150,000 4,950,000
Other assets 0 0 0
Total assets 5,876,620 +145,716 6,022,336

Mortgage 3,576,000 -49,208 3,526,792
Other debt 344,650 + 20,836 365,486
Total debt 3,920,650 + -28,372 3,892,278
Change
Cash 96,821 -33,922 62,899
Investments 764,538 -20,946 743,592
Retirement acc 215,261 +50,584 265,845
Real estate 4,800,000 + 150,000 4,950,000
Other assets 0 0 0
Total assets 5,876,620 +145,716 6,022,336

Mortgage 3,576,000 -49,208 3,526,792
Other debt 344,650 + 20,836 365,486
Total debt 3,920,650 + -28,372 3,892,278
Change
Cash 229,669 -166,770 62,899
Investments 218,295 +525,297 743,592
Retirement acc 79,959 +185,886 265,845
Real estate 2,000,000 + 2,950,000 4,950,000
Other assets 8,000 -8,000 0
Total assets 2,535,923 +3,486,413 6,022,336

Mortgage 1,105,445 2,421,347 3,526,792
Other debt 354,482 + 11,004 365,486
Total debt 1,459,927 + 2,432,351 3,892,278

I am now 18.5% on my way to achive my FIRE target of NOK 5,800,000. This is -0.1 percentage points closer, compared to the last net worth update.

NOK 1,072,336 FIRE target: NOK 5,800,000


18.5%

FI portfolio

My FI portfolio now consists of NOK 743,592 (69.3%) in investments, NOK 265,845 (24.8%) in retirement accounts, and NOK 62,899 (5.9%) in cash.

Investments

Since my last update, my investments decreased with NOK -20,946 (-2.74%).

Since I started tracking, my total contributions have been NOK 141,000, and my total return has been NOK 384,297.

Retirement accounts

Since my last update, my retirement accounts increased with NOK 50,584 (23.5%).

Since I started tracking, my total contributions have been NOK 20,480, and my total return is NOK 165,406.




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

If I quit working today, my monthly pay out would be NOK 3,574 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
3,574/month
(4.0% SWR)
3,127/month
(3.5% SWR)
2,680/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 14 years and 3 months, in , and at that time I will be 45 years old.

By that time I will have invested/saved another NOK 688,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,039,664


Financial independence forecast