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Net worth update per


This is RegenerativeEconomy's #15 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,322,234 and my FI portfolio decreased to DKK 715,757


Net worth

DKK 1,322,234

Since the last update on my net worth has increased with DKK 5,249 (+ 0.4 %).

FI portfolio

DKK 715,757

Since the last update on my FI portfolio has decreased with DKK -932 ( -0.13 %).

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 75,977 -9,157 66,820
Investments 152,675 -4,496 148,179
Retirement acc 488,037 +12,721 500,758
Real estate 4,184,580 0 4,184,580
Other assets 112,471 + 1,016 113,487
Total assets 5,013,740 +84 5,013,824

Mortgage 2,992,214 0 2,992,214
Other debt 704,541 -5,165 699,376
Total debt 3,696,755 -5,165 3,691,590
Change
Cash 56,950 +9,870 66,820
Investments 156,667 -8,488 148,179
Retirement acc 477,963 +22,795 500,758
Real estate 4,324,331 -139,751 4,184,580
Other assets 75,264 + 38,223 113,487
Total assets 5,091,175 -77,351 5,013,824

Mortgage 2,993,093 -879 2,992,214
Other debt 719,613 -20,237 699,376
Total debt 3,712,706 -21,116 3,691,590
Change
Cash 203,420 -136,600 66,820
Investments 251,923 -103,744 148,179
Retirement acc 458,909 +41,849 500,758
Real estate 3,900,000 + 284,580 4,184,580
Other assets 41,838 + 71,649 113,487
Total assets 4,856,090 +157,734 5,013,824

Mortgage 2,976,045 16,169 2,992,214
Other debt 876,374 -176,998 699,376
Total debt 3,852,419 -160,829 3,691,590

I am now 4.0% on my way to achive my FIRE target of DKK 18,000,000. This is -0.0 percentage points closer, compared to the last net worth update.

DKK 715,757 FIRE target: DKK 18,000,000


4.0%

FI portfolio

My FI portfolio now consists of DKK 148,179 (20.7%) in investments, DKK 500,758 (70.0%) in retirement accounts, and DKK 66,820 (9.3%) in cash.

Investments

Since my last update, my investments decreased with DKK -4,496 (-2.94%), 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 12,721 (2.61%), 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 2,385 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,385/month
(4.0% SWR)
2,087/month
(3.5% SWR)
1,789/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 19 years and 3 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another DKK 6,450,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 10,834,243


Financial independence forecast