This is Hjalte'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 1,160,000 and my FI portfolio was DKK 330,000.
I am now 6.6% on my way to achive my FIRE target of DKK 5,000,000.
My FI portfolio now consists of DKK 200,000 (60.6%) in investments, DKK 30,000 (9.1%) in retirement accounts, and DKK 100,000 (30.3%) in cash.
If I quit working today, my monthly pay out would be DKK 1,100 for the rest of my life.
I am currently aiming to save/invest
approximately DKK
8,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of DKK 5,000,000
in 14 years and 2 months,
in , and at that time I will be
45 years old.
By that time I will have invested/saved
another DKK 1,528,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total DKK
3,142,000