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Net worth update per


This is Pilotmol's #18 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 4,060,756 and my FI portfolio increased to DKK 3,525,163


Net worth

DKK 4,060,756

Since the last update on my net worth has increased with DKK 72,796 (+ 1.83 %).

FI portfolio

DKK 3,525,163

Since the last update on my FI portfolio has increased with DKK 72,796 (+ 2.11 %).

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 126,357 -84,430 41,927
Investments 540,287 +103,791 644,078
Retirement acc 2,785,723 +53,435 2,839,158
Real estate 2,890,000 0 2,890,000
Other assets 0 0 0
Total assets 6,342,367 +72,796 6,415,163

Mortgage 2,354,407 0 2,354,407
Other debt 0 0 0
Total debt 2,354,407 0 2,354,407
Change
Cash 43,830 -1,903 41,927
Investments 521,284 +122,794 644,078
Retirement acc 2,785,723 +53,435 2,839,158
Real estate 2,890,000 0 2,890,000
Other assets 0 0 0
Total assets 6,240,837 +174,326 6,415,163

Mortgage 2,354,407 0 2,354,407
Other debt 0 0 0
Total debt 2,354,407 0 2,354,407
Change
Cash 374,077 -332,150 41,927
Investments 0 +644,078 644,078
Retirement acc 2,179,400 +659,758 2,839,158
Real estate 2,690,000 + 200,000 2,890,000
Other assets 0 0 0
Total assets 5,243,477 +1,171,686 6,415,163

Mortgage 2,509,409 -155,002 2,354,407
Other debt 0 0 0
Total debt 2,509,409 -155,002 2,354,407

I am now 35.3% on my way to achive my FIRE target of DKK 10,000,000. This is 0.7 percentage points closer, compared to the last net worth update.

DKK 3,525,163 FIRE target: DKK 10,000,000


35.3%

FI portfolio

My FI portfolio now consists of DKK 644,078 (18.3%) in investments, DKK 2,839,158 (80.5%) in retirement accounts, and DKK 41,927 (1.2%) in cash.

Investments

Since my last update, my investments increased with DKK 103,791 (19.21%).

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 53,435 (1.92%).

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 11,750 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
11,750/month
(4.0% SWR)
10,281/month
(3.5% SWR)
8,812/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 10 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another DKK 3,360,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,114,837


Financial independence forecast