Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is Pilotmol's #22 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 4,679,188 and my FI portfolio increased to DKK 4,040,915


Net worth

DKK 4,679,188

Since the last update on my net worth has increased with DKK 154,754 (+ 3.42 %).

FI portfolio

DKK 4,040,915

Since the last update on my FI portfolio has increased with DKK 123,471 (+ 3.15 %).

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 73,181 -38,692 34,489
Investments 743,152 +68,832 811,984
Retirement acc 3,101,111 +93,331 3,194,442
Real estate 2,930,000 0 2,930,000
Other assets 0 0 0
Total assets 6,847,444 +123,471 6,970,915

Mortgage 2,323,010 -31,283 2,291,727
Other debt 0 0 0
Total debt 2,323,010 -31,283 2,291,727
Change
Cash 43,830 -9,341 34,489
Investments 521,284 +290,700 811,984
Retirement acc 2,785,723 +408,719 3,194,442
Real estate 2,890,000 + 40,000 2,930,000
Other assets 0 0 0
Total assets 6,240,837 +730,078 6,970,915

Mortgage 2,354,407 -62,680 2,291,727
Other debt 0 0 0
Total debt 2,354,407 -62,680 2,291,727
Change
Cash 374,077 -339,588 34,489
Investments 0 +811,984 811,984
Retirement acc 2,179,400 +1,015,042 3,194,442
Real estate 2,690,000 + 240,000 2,930,000
Other assets 0 0 0
Total assets 5,243,477 +1,727,438 6,970,915

Mortgage 2,509,409 -217,682 2,291,727
Other debt 0 0 0
Total debt 2,509,409 -217,682 2,291,727

I am now 40.4% on my way to achive my FIRE target of DKK 10,000,000. This is 1.2 percentage points closer, compared to the last net worth update.

DKK 4,040,915 FIRE target: DKK 10,000,000


40.4%

FI portfolio

My FI portfolio now consists of DKK 811,984 (20.1%) in investments, DKK 3,194,442 (79.1%) in retirement accounts, and DKK 34,489 (0.9%) in cash.

Investments

Since my last update, my investments increased with DKK 68,832 (9.26%).

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 93,331 (3.01%).

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 13,469 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
13,469/month
(4.0% SWR)
11,786/month
(3.5% SWR)
10,102/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 5 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another DKK 3,000,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 2,959,085


Financial independence forecast