Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is BuGBlast's #10 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 1,679,121 and my FI portfolio decreased to DKK 629,121


Net worth

DKK 1,679,121

Since the last update on my net worth has decreased with DKK -29,627 ( -1.73 %).

FI portfolio

DKK 629,121

Since the last update on my FI portfolio has decreased with DKK -29,627 ( -4.5 %).

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 136,285 -15,245 121,040
Investments 391,646 -11,866 379,780
Retirement acc 130,817 -2,516 128,301
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,208,748 -29,627 3,179,121

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000
Change
Cash 131,150 -10,110 121,040
Investments 400,279 -20,499 379,780
Retirement acc 131,944 -3,643 128,301
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,213,373 -34,252 3,179,121

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000
Change
Cash 110,390 +10,650 121,040
Investments 324,095 +55,685 379,780
Retirement acc 119,802 +8,499 128,301
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,104,287 +74,834 3,179,121

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000

I am now 9.0% on my way to achive my FIRE target of DKK 7,000,000. This is -0.4 percentage points closer, compared to the last net worth update.

DKK 629,121 FIRE target: DKK 7,000,000


9.0%

FI portfolio

My FI portfolio now consists of DKK 379,780 (60.4%) in investments, DKK 128,301 (20.4%) in retirement accounts, and DKK 121,040 (19.2%) in cash.

Investments

Since my last update, my investments decreased with DKK -11,866 (-3.03%), of which DKK 10,000 was from contributions, and DKK -112,237 was from returns.

Since I started tracking, my total contributions have been DKK 440,000, and my total return has been DKK 100,945.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -2,516 (-1.92%), of which DKK 2,000 was from contributions , and DKK -20,083 was from returns.

Since I started tracking, my total contributions have been DKK 86,000, and my total return is DKK 8,391.




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

If I quit working today, my monthly pay out would be DKK 2,097 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,097/month
(4.0% SWR)
1,834/month
(3.5% SWR)
1,572/month
(3.0% SWR)


When can I retire?

FI date

My age

47

I am currently aiming to save/invest approximately DKK 12,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 7,000,000 in 11 years and 6 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another DKK 2,088,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 4,282,879


Financial independence forecast