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 1,970,000 and my FI portfolio decreased to DKK 570,000


Net worth

DKK 1,970,000

Since the last update on my net worth has increased with DKK 532,000 (+ 37.0 %).

FI portfolio

DKK 570,000

Since the last update on my FI portfolio has decreased with DKK 0 ( 0.0 %).

Net worth
FI portfolio

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

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.

DKK 570,000 FIRE target: DKK 7,000,000


8.1%


FI portfolio


My FI portfolio now consists of DKK 500,000 (87.7%) in retirement accounts, and DKK 70,000 (12.3%) in cash.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK 0 (0.0%).




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


If I quit working today, my monthly pay out would be DKK 1,900 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
1,900/month
(4.0% SWR)
1,662/month
(3.5% SWR)
1,425/month
(3.0% SWR)


When can I retire?


FI date


My age

56

I am currently aiming to save/invest approximately DKK 5,000 each month.

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 , 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


Financial independence forecast