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This is laaknor's #25 net worth update. Please check out my profile here for more information. As of , my net worth increased to NOK 5,311,194 and my FI portfolio increased to NOK 3,065,337


Net worth

NOK 5,311,194

Since the last update on my net worth has increased with NOK 21,518 (+ 0.41 %).

FI portfolio

NOK 3,065,337

Since the last update on my FI portfolio has increased with NOK 111,162 (+ 3.76 %).

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 0 0 0
Investments 2,542,694 +89,775 2,632,469
Retirement acc 411,481 +21,387 432,868
Real estate 5,050,000 -60,000 4,990,000
Other assets 0 0 0
Total assets 8,004,175 +51,162 8,055,337

Mortgage 2,714,499 29,644 2,744,143
Other debt 0 0 0
Total debt 2,714,499 29,644 2,744,143
Change
Cash 0 0 0
Investments 2,012,407 +620,062 2,632,469
Retirement acc 337,830 +95,038 432,868
Real estate 5,170,000 -180,000 4,990,000
Other assets 0 0 0
Total assets 7,520,237 +535,100 8,055,337

Mortgage 2,794,704 -50,561 2,744,143
Other debt 0 0 0
Total debt 2,794,704 -50,561 2,744,143
Change
Cash 30,000 -30,000 0
Investments 328,000 +2,304,469 2,632,469
Retirement acc 75,000 +357,868 432,868
Real estate 4,630,000 + 360,000 4,990,000
Other assets 51,000 -51,000 0
Total assets 5,114,000 +2,941,337 8,055,337

Mortgage 2,309,489 434,654 2,744,143
Other debt 0 0 0
Total debt 2,309,489 + 434,654 2,744,143

I am now 30.7% on my way to achive my FIRE target of NOK 10,000,000. This is 1.1 percentage points closer, compared to the last net worth update.

NOK 3,065,337 FIRE target: NOK 10,000,000


30.7%

FI portfolio

My FI portfolio now consists of NOK 2,632,469 (85.9%) in investments, NOK 432,868 (14.1%) in retirement accounts, and NOK 0 (0.0%) in cash.

Investments

Since my last update, my investments increased with NOK 89,775 (3.53%), of which NOK 10,591 was from contributions, and NOK 79,184 was from returns.

Since I started tracking, my total contributions have been NOK 107,428, and my total return has been NOK 2,197,041.

Retirement accounts

Since my last update, my retirement accounts increased with NOK 21,387 (5.2%), of which NOK 1,250 was from contributions , and NOK 20,137 was from returns.

Since I started tracking, my total contributions have been NOK 2,500, and my total return is NOK 355,368.




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

If I quit working today, my monthly pay out would be NOK 10,217 for the rest of my life.


Monthly SWR amount
Retire today with (NOK)
10,217/month
(4.0% SWR)
8,940/month
(3.5% SWR)
7,663/month
(3.0% SWR)


When can I retire?

FI date

My age

47

I am currently aiming to save/invest approximately NOK 25,000 each month.

Assuming an annual return of 9% on my investments and my retirement accounts, I aim to reach my FIRE target of NOK 10,000,000 in 8 years and 1 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another NOK 2,450,000, while the rest will be return on my existing FI portfolio and the new investments, in total NOK 4,484,663


Financial independence forecast