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Net worth update per


This is RegenerativeEconomy's #16 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,345,155 and my FI portfolio increased to DKK 727,962


Net worth

DKK 1,345,155

Since the last update on my net worth has increased with DKK 22,921 (+ 1.73 %).

FI portfolio

DKK 727,962

Since the last update on my FI portfolio has increased with DKK 12,205 (+ 1.71 %).

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 66,820 -6,437 60,383
Investments 148,179 +12,603 160,782
Retirement acc 500,758 +6,039 506,797
Real estate 4,184,580 0 4,184,580
Other assets 113,487 + 1,242 114,729
Total assets 5,013,824 +13,447 5,027,271

Mortgage 2,992,214 -1,076 2,991,138
Other debt 699,376 -8,398 690,978
Total debt 3,691,590 -9,474 3,682,116
Change
Cash 56,950 +3,433 60,383
Investments 156,667 +4,115 160,782
Retirement acc 477,963 +28,834 506,797
Real estate 4,324,331 -139,751 4,184,580
Other assets 75,264 + 39,465 114,729
Total assets 5,091,175 -63,904 5,027,271

Mortgage 2,993,093 -1,955 2,991,138
Other debt 719,613 -28,635 690,978
Total debt 3,712,706 -30,590 3,682,116
Change
Cash 203,420 -143,037 60,383
Investments 251,923 -91,141 160,782
Retirement acc 458,909 +47,888 506,797
Real estate 3,900,000 + 284,580 4,184,580
Other assets 41,838 + 72,891 114,729
Total assets 4,856,090 +171,181 5,027,271

Mortgage 2,976,045 15,093 2,991,138
Other debt 876,374 -185,396 690,978
Total debt 3,852,419 -170,303 3,682,116

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 727,962 FIRE target: DKK 18,000,000


4.0%

FI portfolio

My FI portfolio now consists of DKK 160,782 (22.1%) in investments, DKK 506,797 (69.6%) in retirement accounts, and DKK 60,383 (8.3%) in cash.

Investments

Since my last update, my investments increased with DKK 12,603 (8.51%), 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 6,039 (1.21%), 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 2,426 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,426/month
(4.0% SWR)
2,123/month
(3.5% SWR)
1,819/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 4 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 10,822,038


Financial independence forecast