This is my first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of 2020-06-02T00:00:00Z, my net worth was DKK 730,000 and my FI portfolio was DKK 430,000.
I am now 10.8% on my way to achive my FIRE target of DKK 4,000,000.
My FI portfolio now consists of DKK 30,000 (7.0%) in investments, and DKK 400,000 (93.0%) in cash.
If I quit working today, my monthly pay out would be DKK 1,433 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 4,000,000 in 14 years and 8 months, in 2036-01-02T00:00:00Z, and at that time I will be 60 years old.
By that time I will have invested/saved another DKK 1,870,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 1,700,000