Net worth update per



This is my #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 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in DKK.

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%), of which DKK 18,000 was from contributions, and DKK 16,236 was from returns.

Since I started tracking, my total contributions have been DKK 85,600, and my total return has been DKK 62,548.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 20,116 (5.8%), of which DKK 42,000 was from contributions , and DKK 16,013 was from returns.

Since I started tracking, my total contributions have been DKK 50,400, and my total return is DKK 22,057.




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

55

I am currently aiming to save/invest approximately DKK 18,000 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 21 years and 3 months, in , and at that time I will be 55 years old.

By that time I will have invested/saved another DKK 4,662,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 9,355,538


Financial independence forecast