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Net worth update per


This is Andersson's #10 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,877,000 and my FI portfolio increased to DKK 1,607,000


Net worth

DKK 2,877,000

Since the last update on my net worth has increased with DKK 4,000 (+ 0.14 %).

FI portfolio

DKK 1,607,000

Since the last update on my FI portfolio has increased with DKK 4,000 (+ 0.25 %).

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 13,000 +2,000 15,000
Investments 700,000 +20,000 720,000
Retirement acc 890,000 -18,000 872,000
Real estate 4,000,000 0 4,000,000
Other assets 0 0 0
Total assets 5,603,000 +4,000 5,607,000

Mortgage 2,700,000 0 2,700,000
Other debt 30,000 0 30,000
Total debt 2,730,000 0 2,730,000
Change
Cash 9,000 +6,000 15,000
Investments 759,000 -39,000 720,000
Retirement acc 970,000 -98,000 872,000
Real estate 4,000,000 0 4,000,000
Other assets 514,000 -514,000 0
Total assets 6,252,000 -645,000 5,607,000

Mortgage 3,200,000 -500,000 2,700,000
Other debt 30,000 0 30,000
Total debt 3,230,000 -500,000 2,730,000
Change
Cash 250,000 -235,000 15,000
Investments 0 +720,000 720,000
Retirement acc 204,000 +668,000 872,000
Real estate 650,000 + 3,350,000 4,000,000
Other assets 0 0 0
Total assets 1,104,000 +4,503,000 5,607,000

Mortgage 0 2,700,000 2,700,000
Other debt 500,000 -470,000 30,000
Total debt 500,000 + 2,230,000 2,730,000

I am now 10.0% on my way to achive my FIRE target of DKK 16,000,000. This is 0.0 percentage points closer, compared to the last net worth update.

DKK 1,607,000 FIRE target: DKK 16,000,000


10.0%

FI portfolio

My FI portfolio now consists of DKK 720,000 (44.8%) in investments, DKK 872,000 (54.3%) in retirement accounts, and DKK 15,000 (0.9%) in cash.

Investments

Since my last update, my investments increased with DKK 20,000 (2.86%).

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -18,000 (-2.02%).




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

If I quit working today, my monthly pay out would be DKK 5,356 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
5,356/month
(4.0% SWR)
4,687/month
(3.5% SWR)
4,017/month
(3.0% SWR)


When can I retire?

FI date

My age

47

I am currently aiming to save/invest approximately DKK 26,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 16,000,000 in 10 years and 10 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another DKK 4,394,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 9,999,000


Financial independence forecast