Net worth update per September 2nd 2023
This is DarkUndercover'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 September 2nd 2023, my net worth was DKK 4,400,000 and my FI portfolio was DKK 3,200,000.
Net worth
DKK 4,400,000
FI portfolio
DKK 3,200,000
I am now 40.0% on my way to achive my FIRE target of DKK 8,000,000.
DKK 3,200,000 FIRE target: DKK 8,000,000
FI portfolio
My FI portfolio now consists of DKK 3,150,000 (98.4%) in retirement accounts, and DKK 50,000 (1.6%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be DKK 10,666 for the rest of my life.
Retire today with (DKK)
When can I retire?
FI date
March 2031
My age
57
I am currently aiming to save/invest
approximately DKK
10,000
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 5 years and 8 months,
in March 2031, and at that time I will be
57 years old.
By that time I will have invested/saved
another DKK 900,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total DKK
3,900,000