This is my #2 net worth update. Please check out my profile here for more information. As of 2021-04-07T00:00:00Z, my net worth increased to DKK 1,970,000 and my FI portfolio decreased to DKK 570,000
I am now 8.1% on my way to achive my FIRE target of DKK 7,000,000. This is 0.0 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of DKK 500,000 (87.7%) in retirement accounts, and DKK 70,000 (12.3%) in cash.
Since my last update, my retirement accounts decreased with DKK 0 (0.0%).
If I quit working today, my monthly pay out would be DKK 1,900 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 7,000,000 in 19 years and 2 months, in 2040-07-07T00:00:00Z, and at that time I will be 56 years old.
By that time I will have invested/saved another DKK 1,155,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 5,275,000