Net Worth Update: $214,551 – October 2019

Reading Time: 4 minutes

Net worth: $214,551!

This is my 11th net worth update. In september I had a 84,2 % savings rate!

By Route 2 FI

Index Funds

In the figure below you can see my index fund value as of 1. october 2019. 

I sold my apartment in july 2018 (and then bought a new one 50/50 with my fiancee). That was when I got serious with my investing.

Because my brokerage account is in NOK and not in US Dollars, the numbers fluctuate a lot every month because of currency changes.

As you can see on the screenshot below, my portfolio was up + 1,50 % (aprox. $2,608).

Below you can also see the funds that I’m invested in. 

In total my portfolio is exposed aprox. 70 % to MSCI World and 30 % to MSCI Emerging Markets.


Since the beginning of my index investing journey (january 2018), my portfolio is up 12,44 %.


My volatility for the portfolio is aprox. 11,1 % for the last 12 months.

If I were to quit investing today (which I obviously wont), I would have earned $17,649 (160,525 NOK).


Income, Expenses And How Much I Can Withdraw According To The 4%-rule

It’s motivating to see that I can safely withdraw $638,2 every month for the rest of my life.

I will do everything I can to raise this dollar amount in the future. 

As you all know my goal is to save up 600.000 USD.

This means my monthly FI money goal is $2,000 USD each month. I’m aprox. 1/3 to my goal and it feels great!

Recently I wrote a detailed post on how I will reach a 600.000 $ net worth in only 5 years.

Portfolio results for september 2019

My portfolio was up +1,50 % in september 2019.


We own an apartment 50/50 that has a total value of $515,000. That means my share is $257,500.

While this sounds good, my share of the mortgage is $230,004.

The interest rate on the mortgage is 2,35 %.


My current pension is 47.727 $.

I recently found out that I had a pension plan in a job I had as a teenager as well. Pension is a really iliquid asset class, because I can't withdraw the amount before I'm 62 years old.

Student loan

After nine years with different studies I got $52,133 in student loans.

In Norway the university has no fees, so this is a loan covering basic living expenses while you're at the studies.

The interest rate is 2.24 %.
I'm not paying anything on this loan at the moment.

Total Net Worth

Net Worth (USD $)

Want free posts directly to your inbox?

I made this 16-pages FREE workbook with the steps I’ve taken on my path to Financial Independence.

Having a goal written down with a set date for accomplishment gives you something to plan and work for.

It’s 7 lessons and I hope you enjoy it!

After you’ve signed up, you will recieve the book right away.

Spread the word

6 Replies to “Net Worth Update: $214,551 – October 2019”

  1. Nice update, but I have a question, How did you manage to reduce so much your expenses in September?

    1. route2fi says: Reply

      Hey, Rob.

      I didn’t have to pay on my mortgage this month. I’m excpecting way higher expenses this month 😉

  2. Love the updates! keep up the hard work.

    Also, love the twitter account. Very motivating!!

    Money Savvy Mindset

    1. route2fi says: Reply

      Thank you, Chris!! 😀

  3. I am so happy to see the results you are getting. The savings rate also allow you to invest big percentages of your income. Such a nice cocktail ?

    1. route2fi says: Reply

      Thank you 😀

Leave a Reply