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Net worth update per


This is RegenerativeEconomy's #8 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,376,350 and my FI portfolio increased to DKK 718,102


Net worth

DKK 1,376,350

Since the last update on my net worth has increased with DKK 48,312 (+ 3.64 %).

FI portfolio

DKK 718,102

Since the last update on my FI portfolio has increased with DKK 22,855 (+ 3.29 %).

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 86,530 -3,378 83,152
Investments 188,455 -12,234 176,221
Retirement acc 420,262 +38,467 458,729
Real estate 4,350,000 0 4,350,000
Other assets 75,339 + 18,723 94,062
Total assets 5,120,586 +41,578 5,162,164

Mortgage 2,995,109 0 2,995,109
Other debt 797,439 -6,734 790,705
Total debt 3,792,548 -6,734 3,785,814
Change
Cash 203,420 -120,268 83,152
Investments 251,923 -75,702 176,221
Retirement acc 458,909 -180 458,729
Real estate 3,900,000 + 450,000 4,350,000
Other assets 41,838 + 52,224 94,062
Total assets 4,856,090 +306,074 5,162,164

Mortgage 2,976,045 19,064 2,995,109
Other debt 876,374 -85,669 790,705
Total debt 3,852,419 -66,605 3,785,814
Change
Cash 203,420 -120,268 83,152
Investments 251,923 -75,702 176,221
Retirement acc 458,909 -180 458,729
Real estate 3,900,000 + 450,000 4,350,000
Other assets 41,838 + 52,224 94,062
Total assets 4,856,090 +306,074 5,162,164

Mortgage 2,976,045 19,064 2,995,109
Other debt 876,374 -85,669 790,705
Total debt 3,852,419 -66,605 3,785,814

I am now 4.0% on my way to achive my FIRE target of DKK 18,000,000. This is 0.1 percentage points closer, compared to the last net worth update.

DKK 718,102 FIRE target: DKK 18,000,000


4.0%

FI portfolio

My FI portfolio now consists of DKK 176,221 (24.5%) in investments, DKK 458,729 (63.9%) in retirement accounts, and DKK 83,152 (11.6%) in cash.

Investments

Since my last update, my investments decreased with DKK -12,234 (-6.49%), of which DKK -1,500 was from withdrawals, and DKK -25 was from returns.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 38,467 (9.15%), of which DKK 22,584 was from contributions , and DKK -22,089 was from returns.

Since I started tracking, my total contributions have been DKK 561,842, and my total return is DKK -11,018.




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

If I quit working today, my monthly pay out would be DKK 2,393 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,393/month
(4.0% SWR)
2,094/month
(3.5% SWR)
1,795/month
(3.0% SWR)


When can I retire?

FI date

My age

58

I am currently aiming to save/invest approximately DKK 25,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 18,000,000 in 18 years and 9 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another DKK 6,475,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 10,806,898


Financial independence forecast