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Net worth update per


This is MojoTvStream's #35 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 597,693 and my FI portfolio increased to DKK 597,693


Net worth

DKK 597,693

Since the last update on my net worth has increased with DKK 253,148 (+ 73.47 %).

FI portfolio

DKK 597,693

Since the last update on my FI portfolio has increased with DKK 253,148 (+ 73.47 %).

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 0 +82,158 82,158
Investments 344,545 -4,910 339,635
Retirement acc 0 +175,900 175,900
Real estate 0 0 0
Other assets 0 0 0
Total assets 344,545 +253,148 597,693

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 0 +82,158 82,158
Investments 110,820 +228,815 339,635
Retirement acc 0 +175,900 175,900
Real estate 0 0 0
Other assets 0 0 0
Total assets 110,820 +486,873 597,693

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 0 +82,158 82,158
Investments 86,109 +253,526 339,635
Retirement acc 0 +175,900 175,900
Real estate 0 0 0
Other assets 0 0 0
Total assets 86,109 +511,584 597,693

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 12.5% on my way to achive my FIRE target of DKK 4,800,000. This is 5.3 percentage points closer, compared to the last net worth update.

DKK 597,693 FIRE target: DKK 4,800,000


12.5%

FI portfolio

My FI portfolio now consists of DKK 339,635 (56.8%) in investments, DKK 175,900 (29.4%) in retirement accounts, and DKK 82,158 (13.7%) in cash.

Investments

Since my last update, my investments decreased with DKK -4,910 (-1.43%), of which DKK 3,500 was from contributions, and DKK -8,410 was from returns.

Since I started tracking, my total contributions have been DKK 242,857, and my total return has been DKK 10,669.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 175,900 (100%).

Since I started tracking, my total contributions have been DKK 0, and my total return is DKK 175,900.




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

If I quit working today, my monthly pay out would be DKK 1,992 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
1,992/month
(4.0% SWR)
1,743/month
(3.5% SWR)
1,494/month
(3.0% SWR)


When can I retire?

FI date

My age

41

I am currently aiming to save/invest approximately DKK 5,126 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 4,800,000 in 14 years and 9 months, in , and at that time I will be 41 years old.

By that time I will have invested/saved another DKK 953,436, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,248,871


Financial independence forecast