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 #12 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,757,105 and my FI portfolio increased to DKK 707,105


Net worth

DKK 1,757,105

Since the last update on my net worth has increased with DKK 98,070 (+ 5.91 %).

FI portfolio

DKK 707,105

Since the last update on my FI portfolio has increased with DKK 98,070 (+ 16.1 %).

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 124,429 +20,133 144,562
Investments 363,485 +64,437 427,922
Retirement acc 121,121 +13,500 134,621
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,159,035 +98,070 3,257,105

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 +13,412 144,562
Investments 400,279 +27,643 427,922
Retirement acc 131,944 +2,677 134,621
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,213,373 +43,732 3,257,105

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 +34,172 144,562
Investments 324,095 +103,827 427,922
Retirement acc 119,802 +14,819 134,621
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,104,287 +152,818 3,257,105

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 10.1% on my way to achive my FIRE target of DKK 7,000,000. This is 1.4 percentage points closer, compared to the last net worth update.

DKK 707,105 FIRE target: DKK 7,000,000


10.1%

FI portfolio

My FI portfolio now consists of DKK 427,922 (60.5%) in investments, DKK 134,621 (19.0%) in retirement accounts, and DKK 144,562 (20.4%) in cash.

Investments

Since my last update, my investments increased with DKK 64,437 (17.73%), of which DKK 10,000 was from contributions, and DKK 11,042 was from returns.

Since I started tracking, my total contributions have been DKK 320,000, and my total return has been DKK 94,865.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 13,500 (11.15%), of which DKK 2,000 was from contributions , and DKK 6,085 was from returns.

Since I started tracking, my total contributions have been DKK 62,000, and my total return is DKK 13,518.




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

If I quit working today, my monthly pay out would be DKK 2,357 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,357/month
(4.0% SWR)
2,062/month
(3.5% SWR)
1,767/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 12 years and 5 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another DKK 2,052,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 4,240,895


Financial independence forecast