This is FrankTheTank'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 1,872,420 and my FI portfolio was DKK 1,764,720.
I am now 7.1% on my way to achive my FIRE target of DKK 25,000,000.
My FI portfolio now consists of DKK 746,000 (42.3%) in investments, DKK 789,720 (44.8%) in retirement accounts, and DKK 229,000 (13.0%) in cash.
If I quit working today, my monthly pay out would be DKK 5,882 for the rest of my life.
I am currently aiming to save/invest
approximately DKK
21,000
each month.
Assuming an annual return of
9% on my investments and my retirement accounts, I
aim to reach my FIRE target
of DKK 25,000,000
in 18 years and 10 months,
in , and at that time I will be
55 years old.
By that time I will have invested/saved
another DKK 5,187,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total DKK
18,048,280