Net worth update per September 2nd 2023
This is afslapnng'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 September 2nd 2023, my net worth was DKK 4,093,000 and my FI portfolio was DKK 2,425,000.
Net worth
DKK 4,093,000
FI portfolio
DKK 2,425,000
I am now 24.2% on my way to achive my FIRE target of DKK 10,000,000.
DKK 2,425,000 FIRE target: DKK 10,000,000
FI portfolio
My FI portfolio now consists of DKK 225,000 (9.3%) in investments, DKK 1,700,000 (70.1%) in retirement accounts, and DKK 500,000 (20.6%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be DKK 8,083 for the rest of my life.
Retire today with (DKK)
When can I retire?
FI date
October 2036
My age
71
I am currently aiming to save/invest
approximately DKK
7,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of DKK 10,000,000
in 11 years and 4 months,
in October 2036, and at that time I will be
71 years old.
By that time I will have invested/saved
another DKK 1,099,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total DKK
6,476,000