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Net worth update per


This is Andersson's #22 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 3,286,000 and my FI portfolio decreased to DKK 1,501,000


Net worth

DKK 3,286,000

Since the last update on my net worth has increased with DKK 54,000 (+ 1.67 %).

FI portfolio

DKK 1,501,000

Since the last update on my FI portfolio has decreased with DKK -93,000 ( -5.83 %).

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 0 +8,000 8,000
Investments 720,000 -93,000 627,000
Retirement acc 874,000 -8,000 866,000
Real estate 4,000,000 0 4,000,000
Other assets 0 0 0
Total assets 5,594,000 -93,000 5,501,000

Mortgage 2,347,000 -147,000 2,200,000
Other debt 15,000 0 15,000
Total debt 2,362,000 -147,000 2,215,000
Change
Cash 42,000 -34,000 8,000
Investments 708,000 -81,000 627,000
Retirement acc 835,998 +30,002 866,000
Real estate 3,999,997 + 3 4,000,000
Other assets 0 0 0
Total assets 5,585,995 -84,995 5,501,000

Mortgage 2,409,000 -209,000 2,200,000
Other debt 20,000 -5,000 15,000
Total debt 2,429,000 -214,000 2,215,000
Change
Cash 250,000 -242,000 8,000
Investments 0 +627,000 627,000
Retirement acc 204,000 +662,000 866,000
Real estate 650,000 + 3,350,000 4,000,000
Other assets 0 0 0
Total assets 1,104,000 +4,397,000 5,501,000

Mortgage 0 2,200,000 2,200,000
Other debt 500,000 -485,000 15,000
Total debt 500,000 + 1,715,000 2,215,000

I am now 9.4% on my way to achive my FIRE target of DKK 16,000,000. This is -0.6 percentage points closer, compared to the last net worth update.

DKK 1,501,000 FIRE target: DKK 16,000,000


9.4%

FI portfolio

My FI portfolio now consists of DKK 627,000 (41.8%) in investments, DKK 866,000 (57.7%) in retirement accounts, and DKK 8,000 (0.5%) in cash.

Investments

Since my last update, my investments decreased with DKK -93,000 (-12.92%).

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -8,000 (-0.92%).




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

If I quit working today, my monthly pay out would be DKK 5,003 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
5,003/month
(4.0% SWR)
4,377/month
(3.5% SWR)
3,752/month
(3.0% SWR)


When can I retire?

FI date

My age

48

I am currently aiming to save/invest approximately DKK 29,000 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 11 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another DKK 4,756,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 9,743,000


Financial independence forecast