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Net worth update per


This is soreSeagull3's #9 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 5,079,459 and my FI portfolio decreased to DKK 4,294,114


Net worth

DKK 5,079,459

Since the last update on my net worth has decreased with DKK -95,747 ( -1.85 %).

FI portfolio

DKK 4,294,114

Since the last update on my FI portfolio has decreased with DKK -94,543 ( -2.15 %).

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 71,400 -2,584 68,816
Investments 3,108,677 -80,869 3,027,808
Retirement acc 1,208,580 -11,090 1,197,490
Real estate 1,353,922 -1,596 1,352,326
Other assets 63,700 -1,300 62,400
Total assets 5,806,279 -97,439 5,708,840

Mortgage 631,073 -1,692 629,381
Other debt 0 0 0
Total debt 631,073 -1,692 629,381
Change
Cash 244,792 -175,976 68,816
Investments 2,656,857 +370,951 3,027,808
Retirement acc 1,045,012 +152,478 1,197,490
Real estate 1,365,093 -12,767 1,352,326
Other assets 72,800 -10,400 62,400
Total assets 5,384,554 +324,286 5,708,840

Mortgage 673,196 -43,815 629,381
Other debt 0 0 0
Total debt 673,196 -43,815 629,381
Change
Cash 244,792 -175,976 68,816
Investments 2,656,857 +370,951 3,027,808
Retirement acc 1,045,012 +152,478 1,197,490
Real estate 1,365,093 -12,767 1,352,326
Other assets 72,800 -10,400 62,400
Total assets 5,384,554 +324,286 5,708,840

Mortgage 673,196 -43,815 629,381
Other debt 0 0 0
Total debt 673,196 -43,815 629,381

I am now 42.9% on my way to achive my FIRE target of DKK 10,000,000. This is -0.9 percentage points closer, compared to the last net worth update.

DKK 4,294,114 FIRE target: DKK 10,000,000


42.9%

FI portfolio

My FI portfolio now consists of DKK 3,027,808 (70.5%) in investments, DKK 1,197,490 (27.9%) in retirement accounts, and DKK 68,816 (1.6%) in cash.

Investments

Since my last update, my investments decreased with DKK -80,869 (-2.6%), of which DKK 12,000 was from contributions, and DKK -130,021 was from returns.

Since I started tracking, my total contributions have been DKK 194,000, and my total return has been DKK 334,928.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -11,090 (-0.92%), of which DKK 15,000 was from contributions , and DKK -74,932 was from returns.

Since I started tracking, my total contributions have been DKK 180,000, and my total return is DKK 5,370.




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

If I quit working today, my monthly pay out would be DKK 14,313 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
14,313/month
(4.0% SWR)
12,524/month
(3.5% SWR)
10,735/month
(3.0% SWR)


When can I retire?

FI date

My age

45

I am currently aiming to save/invest approximately DKK 27,000 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 6 months, in , and at that time I will be 45 years old.

By that time I will have invested/saved another DKK 2,322,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,383,886


Financial independence forecast