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Net worth update per


This is Pilotmol's #15 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 3,830,136 and my FI portfolio increased to DKK 3,325,569


Net worth

DKK 3,830,136

Since the last update on my net worth has increased with DKK 277,408 (+ 7.81 %).

FI portfolio

DKK 3,325,569

Since the last update on my FI portfolio has increased with DKK 277,408 (+ 9.1 %).

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 249,633 -196,225 53,408
Investments 272,188 +249,347 521,535
Retirement acc 2,526,340 +224,286 2,750,626
Real estate 2,890,000 0 2,890,000
Other assets 0 0 0
Total assets 5,938,161 +277,408 6,215,569

Mortgage 2,385,433 0 2,385,433
Other debt 0 0 0
Total debt 2,385,433 0 2,385,433
Change
Cash 256,750 -203,342 53,408
Investments 132,898 +388,637 521,535
Retirement acc 2,289,883 +460,743 2,750,626
Real estate 2,790,000 + 100,000 2,890,000
Other assets 0 0 0
Total assets 5,469,531 +746,038 6,215,569

Mortgage 2,478,394 -92,961 2,385,433
Other debt 0 0 0
Total debt 2,478,394 -92,961 2,385,433
Change
Cash 374,077 -320,669 53,408
Investments 0 +521,535 521,535
Retirement acc 2,179,400 +571,226 2,750,626
Real estate 2,690,000 + 200,000 2,890,000
Other assets 0 0 0
Total assets 5,243,477 +972,092 6,215,569

Mortgage 2,509,409 -123,976 2,385,433
Other debt 0 0 0
Total debt 2,509,409 -123,976 2,385,433

I am now 33.3% on my way to achive my FIRE target of DKK 10,000,000. This is 2.8 percentage points closer, compared to the last net worth update.

DKK 3,325,569 FIRE target: DKK 10,000,000


33.3%

FI portfolio

My FI portfolio now consists of DKK 521,535 (15.7%) in investments, DKK 2,750,626 (82.7%) in retirement accounts, and DKK 53,408 (1.6%) in cash.

Investments

Since my last update, my investments increased with DKK 249,347 (91.61%).

Since I started tracking, my total contributions have been DKK 126,258, and my total return has been DKK 1,083,742.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 224,286 (8.88%).

Since I started tracking, my total contributions have been DKK 13,000, and my total return is DKK 1,857,600.




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

If I quit working today, my monthly pay out would be DKK 11,085 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
11,085/month
(4.0% SWR)
9,699/month
(3.5% SWR)
8,313/month
(3.0% SWR)


When can I retire?

FI date

My age

52

I am currently aiming to save/invest approximately DKK 40,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 10,000,000 in 3 years and 9 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another DKK 3,480,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,194,431


Financial independence forecast