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Net worth update per


This is soreSeagull3's #11 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 5,352,544 and my FI portfolio decreased to DKK 4,552,046


Net worth

DKK 5,352,544

Since the last update on my net worth has increased with DKK 366 (+ 0.01 %).

FI portfolio

DKK 4,552,046

Since the last update on my FI portfolio has decreased with DKK -10,683 ( -0.23 %).

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 69,943 +3,590 73,533
Investments 3,231,548 -18,162 3,213,386
Retirement acc 1,261,238 +3,889 1,265,127
Real estate 1,350,730 + 5,348 1,356,078
Other assets 61,100 -1,300 59,800
Total assets 5,974,559 -6,635 5,967,924

Mortgage 622,381 -7,001 615,380
Other debt 0 0 0
Total debt 622,381 -7,001 615,380
Change
Cash 244,792 -171,259 73,533
Investments 2,656,857 +556,529 3,213,386
Retirement acc 1,045,012 +220,115 1,265,127
Real estate 1,365,093 -9,015 1,356,078
Other assets 72,800 -13,000 59,800
Total assets 5,384,554 +583,370 5,967,924

Mortgage 673,196 -57,816 615,380
Other debt 0 0 0
Total debt 673,196 -57,816 615,380
Change
Cash 244,792 -171,259 73,533
Investments 2,656,857 +556,529 3,213,386
Retirement acc 1,045,012 +220,115 1,265,127
Real estate 1,365,093 -9,015 1,356,078
Other assets 72,800 -13,000 59,800
Total assets 5,384,554 +583,370 5,967,924

Mortgage 673,196 -57,816 615,380
Other debt 0 0 0
Total debt 673,196 -57,816 615,380

I am now 45.5% on my way to achive my FIRE target of DKK 10,000,000. This is -0.1 percentage points closer, compared to the last net worth update.

DKK 4,552,046 FIRE target: DKK 10,000,000


45.5%

FI portfolio

My FI portfolio now consists of DKK 3,213,386 (70.6%) in investments, DKK 1,265,127 (27.8%) in retirement accounts, and DKK 73,533 (1.6%) in cash.

Investments

Since my last update, my investments decreased with DKK -18,162 (-0.56%), 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 increased with DKK 3,889 (0.31%), 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 15,173 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
15,173/month
(4.0% SWR)
13,276/month
(3.5% SWR)
11,380/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 4 years and 4 months, in , and at that time I will be 45 years old.

By that time I will have invested/saved another DKK 2,187,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,260,954


Financial independence forecast