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Net worth update per


This is BuGBlast's #25 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,855,588 and my FI portfolio increased to DKK 805,588


Net worth

DKK 1,855,588

Since the last update on my net worth has increased with DKK 16,699 (+ 0.91 %).

FI portfolio

DKK 805,588

Since the last update on my FI portfolio has increased with DKK 16,699 (+ 2.12 %).

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 57,566 +3,536 61,102
Investments 570,282 +12,745 583,027
Retirement acc 161,041 +418 161,459
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,338,889 +16,699 3,355,588

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000
Change
Cash 14,924 +46,178 61,102
Investments 402,145 +180,882 583,027
Retirement acc 129,440 +32,019 161,459
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,096,509 +259,079 3,355,588

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 -49,288 61,102
Investments 324,095 +258,932 583,027
Retirement acc 119,802 +41,657 161,459
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,104,287 +251,301 3,355,588

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 11.5% on my way to achive my FIRE target of DKK 7,000,000. This is 0.2 percentage points closer, compared to the last net worth update.

DKK 805,588 FIRE target: DKK 7,000,000


11.5%

FI portfolio

My FI portfolio now consists of DKK 583,027 (72.4%) in investments, DKK 161,459 (20.0%) in retirement accounts, and DKK 61,102 (7.6%) in cash.

Investments

Since my last update, my investments increased with DKK 12,745 (2.23%), 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 increased with DKK 418 (0.26%), 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 2,685 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,685/month
(4.0% SWR)
2,349/month
(3.5% SWR)
2,013/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 9 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another DKK 1,944,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 4,250,412


Financial independence forecast