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Net worth update per


This is Pilotmol's #30 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 4,988,489 and my FI portfolio decreased to DKK 4,241,837


Net worth

DKK 4,988,489

Since the last update on my net worth has increased with DKK 31,398 (+ 0.63 %).

FI portfolio

DKK 4,241,837

Since the last update on my FI portfolio has decreased with DKK -68,602 ( -1.59 %).

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 69,700 +6,237 75,937
Investments 962,547 -17,874 944,673
Retirement acc 3,278,192 -56,965 3,221,227
Real estate 2,870,000 + 100,000 2,970,000
Other assets 0 0 0
Total assets 7,180,439 +31,398 7,211,837

Mortgage 2,223,348 0 2,223,348
Other debt 0 0 0
Total debt 2,223,348 0 2,223,348
Change
Cash 64,108 +11,829 75,937
Investments 1,000,316 -55,643 944,673
Retirement acc 3,517,856 -296,629 3,221,227
Real estate 3,080,000 -110,000 2,970,000
Other assets 0 0 0
Total assets 7,662,280 -450,443 7,211,837

Mortgage 2,223,348 0 2,223,348
Other debt 0 0 0
Total debt 2,223,348 0 2,223,348
Change
Cash 374,077 -298,140 75,937
Investments 0 +944,673 944,673
Retirement acc 2,179,400 +1,041,827 3,221,227
Real estate 2,690,000 + 280,000 2,970,000
Other assets 0 0 0
Total assets 5,243,477 +1,968,360 7,211,837

Mortgage 2,509,409 -286,061 2,223,348
Other debt 0 0 0
Total debt 2,509,409 -286,061 2,223,348

I am now 42.4% 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 4,241,837 FIRE target: DKK 10,000,000


42.4%

FI portfolio

My FI portfolio now consists of DKK 944,673 (22.3%) in investments, DKK 3,221,227 (75.9%) in retirement accounts, and DKK 75,937 (1.8%) in cash.

Investments

Since my last update, my investments decreased with DKK -17,874 (-1.86%).

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 decreased with DKK -56,965 (-1.74%).

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 14,139 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
14,139/month
(4.0% SWR)
12,372/month
(3.5% SWR)
10,604/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 2,880,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 2,878,163


Financial independence forecast