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Net worth update per



This is outlyingLard8's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was DKK 2,590,000 and my FI portfolio was DKK 1,110,000.


Net worth

DKK 2,590,000

FI portfolio

DKK 1,110,000

I am now 13.9% on my way to achive my FIRE target of DKK 8,000,000.

DKK 1,110,000 FIRE target: DKK 8,000,000


13.9%

FI portfolio


My FI portfolio now consists of DKK 125,000 (11.3%) in investments, DKK 885,000 (79.7%) in retirement accounts, and DKK 100,000 (9.0%) in cash.




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



If I quit working today, my monthly pay out would be DKK 3,700 for the rest of my life.

Retire today with (DKK)
3,700/month
(4.0% SWR)
3,237/month
(3.5% SWR)
2,775/month
(3.0% SWR)


When can I retire?


FI date


My age

53

I am currently aiming to save/invest approximately DKK 38,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 8,000,000 in 7 years and 4 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another DKK 3,686,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,204,000


Financial independence forecast