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Net worth update per


This is Nyx's #6 net worth update. Please check out my profile here for more information. As of , my net worth increased to SEK 310,700 and my FI portfolio increased to SEK 293,500


Net worth

SEK 310,700

Since the last update on my net worth has increased with SEK 62,700 (+ 25.28 %).

FI portfolio

SEK 293,500

Since the last update on my FI portfolio has increased with SEK 59,500 (+ 25.43 %).

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 SEK.
Change
Cash 55,000 +12,500 67,500
Investments 179,000 +47,000 226,000
Retirement acc 0 0 0
Real estate 1,000,000 0 1,000,000
Other assets 0 0 0
Total assets 1,234,000 +59,500 1,293,500

Mortgage 596,000 -1,000 595,000
Other debt 390,000 -2,200 387,800
Total debt 986,000 -3,200 982,800
Change
Cash 44,000 +23,500 67,500
Investments 172,000 +54,000 226,000
Retirement acc 0 0 0
Real estate 1,000,000 0 1,000,000
Other assets 0 0 0
Total assets 1,216,000 +77,500 1,293,500

Mortgage 597,000 -2,000 595,000
Other debt 390,000 -2,200 387,800
Total debt 987,000 -4,200 982,800
Change
Cash 10,000 +57,500 67,500
Investments 168,000 +58,000 226,000
Retirement acc 0 0 0
Real estate 1,000,000 0 1,000,000
Other assets 0 0 0
Total assets 1,178,000 +115,500 1,293,500

Mortgage 600,000 -5,000 595,000
Other debt 390,000 -2,200 387,800
Total debt 990,000 -7,200 982,800

I am now 2.9% on my way to achive my FIRE target of SEK 10,000,000. This is 0.6 percentage points closer, compared to the last net worth update.

SEK 293,500 FIRE target: SEK 10,000,000


2.9%

FI portfolio

My FI portfolio now consists of SEK 226,000 (77.0%) in investments, and SEK 67,500 (23.0%) in cash.

Investments

Since my last update, my investments increased with SEK 47,000 (26.26%), of which SEK 12,000 was from contributions, and SEK 35,000 was from returns.

Since I started tracking, my total contributions have been SEK 60,000, and my total return has been SEK -2,000.




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

If I quit working today, my monthly pay out would be SEK 978 for the rest of my life.


Monthly SWR amount
Retire today with (SEK)
978/month
(4.0% SWR)
856/month
(3.5% SWR)
733/month
(3.0% SWR)


When can I retire?

FI date

My age

40

I am currently aiming to save/invest approximately SEK 22,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of SEK 10,000,000 in 9 years and 6 months, in , and at that time I will be 40 years old.

By that time I will have invested/saved another SEK 3,916,000, while the rest will be return on my existing FI portfolio and the new investments, in total SEK 5,790,500


Financial independence forecast