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Net worth update per


This is Adun's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 4,160,971 and my FI portfolio increased to DKK 982,462


Net worth

DKK 4,160,971

Since the last update on my net worth has increased with DKK 41,415 (+ 1.01 %).

FI portfolio

DKK 982,462

Since the last update on my FI portfolio has increased with DKK 41,415 (+ 4.4 %).

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 131,316 -54,848 76,468
Investments 462,907 +76,147 539,054
Retirement acc 346,824 +20,116 366,940
Real estate 6,200,000 0 6,200,000
Other assets 0 0 0
Total assets 7,141,047 +41,415 7,182,462

Mortgage 2,982,000 0 2,982,000
Other debt 39,491 0 39,491
Total debt 3,021,491 0 3,021,491
Change
Cash 131,316 -54,848 76,468
Investments 462,907 +76,147 539,054
Retirement acc 346,824 +20,116 366,940
Real estate 6,200,000 0 6,200,000
Other assets 0 0 0
Total assets 7,141,047 +41,415 7,182,462

Mortgage 2,982,000 0 2,982,000
Other debt 39,491 0 39,491
Total debt 3,021,491 0 3,021,491
Change
Cash 131,316 -54,848 76,468
Investments 462,907 +76,147 539,054
Retirement acc 346,824 +20,116 366,940
Real estate 6,200,000 0 6,200,000
Other assets 0 0 0
Total assets 7,141,047 +41,415 7,182,462

Mortgage 2,982,000 0 2,982,000
Other debt 39,491 0 39,491
Total debt 3,021,491 0 3,021,491

I am now 6.5% on my way to achive my FIRE target of DKK 15,000,000. This is 0.3 percentage points closer, compared to the last net worth update.

DKK 982,462 FIRE target: DKK 15,000,000


6.5%

FI portfolio

My FI portfolio now consists of DKK 539,054 (54.9%) in investments, DKK 366,940 (37.3%) in retirement accounts, and DKK 76,468 (7.8%) in cash.

Investments

Since my last update, my investments increased with DKK 76,147 (16.45%).

Since I started tracking, my total contributions have been DKK 433,600, and my total return has been DKK 389,194.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 20,116 (5.8%).

Since I started tracking, my total contributions have been DKK 133,300, and my total return is DKK 95,277.




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

If I quit working today, my monthly pay out would be DKK 3,274 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,274/month
(4.0% SWR)
2,865/month
(3.5% SWR)
2,456/month
(3.0% SWR)


When can I retire?

FI date

My age

56

I am currently aiming to save/invest approximately DKK 15,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 15,000,000 in 19 years and 9 months, in , and at that time I will be 56 years old.

By that time I will have invested/saved another DKK 4,155,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 9,862,538


Financial independence forecast