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Net worth update per


This is Kiss2417's #35 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,278,698 and my FI portfolio increased to DKK 1,042,755


Net worth

DKK 1,278,698

Since the last update on my net worth has increased with DKK 62,186 (+ 5.11 %).

FI portfolio

DKK 1,042,755

Since the last update on my FI portfolio has increased with DKK 58,686 (+ 5.96 %).

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 DKK.
Change
Cash 111,045 +31,114 142,159
Investments 479,450 +17,120 496,570
Retirement acc 393,574 +10,452 404,026
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,184,069 +58,686 2,242,755

Mortgage 888,057 0 888,057
Other debt 79,500 -3,500 76,000
Total debt 967,557 -3,500 964,057
Change
Cash 63,906 +78,253 142,159
Investments 457,328 +39,242 496,570
Retirement acc 356,663 +47,363 404,026
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,077,897 +164,858 2,242,755

Mortgage 892,338 -4,281 888,057
Other debt 102,986 -26,986 76,000
Total debt 995,324 -31,267 964,057
Change
Cash 24,268 +117,891 142,159
Investments 304,105 +192,465 496,570
Retirement acc 232,760 +171,266 404,026
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 571,133 +1,671,622 2,242,755

Mortgage 0 888,057 888,057
Other debt 163,000 -87,000 76,000
Total debt 163,000 + 801,057 964,057

I am now 20.9% on my way to achive my FIRE target of DKK 5,000,000. This is 1.2 percentage points closer, compared to the last net worth update.

DKK 1,042,755 FIRE target: DKK 5,000,000


20.9%

FI portfolio

My FI portfolio now consists of DKK 496,570 (47.6%) in investments, DKK 404,026 (38.7%) in retirement accounts, and DKK 142,159 (13.6%) in cash.

Investments

Since my last update, my investments increased with DKK 17,120 (3.57%), of which DKK 3,350 was from contributions, and DKK 7,193 was from returns.

Since I started tracking, my total contributions have been DKK 31,850, and my total return has been DKK 184,927.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 10,452 (2.66%), of which DKK 6,317 was from contributions , and DKK 5,809 was from returns.

Since I started tracking, my total contributions have been DKK 65,000, and my total return is DKK 157,218.




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

If I quit working today, my monthly pay out would be DKK 3,475 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,475/month
(4.0% SWR)
3,041/month
(3.5% SWR)
2,606/month
(3.0% SWR)


When can I retire?

FI date

My age

52

I am currently aiming to save/invest approximately DKK 3,350 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 5,000,000 in 17 years and 11 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another DKK 743,700, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,213,545


Financial independence forecast