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Net worth update per


This is Rentier's #12 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 12,161,833 and my FI portfolio increased to DKK 8,478,633


Net worth

DKK 12,161,833

Since the last update on my net worth has increased with DKK 211,632 (+ 1.77 %).

FI portfolio

DKK 8,478,633

Since the last update on my FI portfolio has increased with DKK 210,432 (+ 2.55 %).

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 107,500 +8,700 116,200
Investments 6,270,000 +162,742 6,432,742
Retirement acc 1,890,701 +38,990 1,929,691
Real estate 5,000,000 0 5,000,000
Other assets 0 0 0
Total assets 13,268,201 +210,432 13,478,633

Mortgage 1,318,000 -1,200 1,316,800
Other debt 0 0 0
Total debt 1,318,000 -1,200 1,316,800
Change
Cash 100,000 +16,200 116,200
Investments 5,882,500 +550,242 6,432,742
Retirement acc 2,028,800 -99,109 1,929,691
Real estate 5,300,000 -300,000 5,000,000
Other assets 0 0 0
Total assets 13,311,300 +167,333 13,478,633

Mortgage 1,323,300 -6,500 1,316,800
Other debt 0 0 0
Total debt 1,323,300 -6,500 1,316,800
Change
Cash 50,000 +66,200 116,200
Investments 3,651,000 +2,781,742 6,432,742
Retirement acc 1,417,000 +512,691 1,929,691
Real estate 4,300,000 + 700,000 5,000,000
Other assets 0 0 0
Total assets 9,418,000 +4,060,633 13,478,633

Mortgage 1,595,000 -278,200 1,316,800
Other debt 0 0 0
Total debt 1,595,000 -278,200 1,316,800

I am now 56.5% on my way to achive my FIRE target of DKK 15,000,000. This is 1.4 percentage points closer, compared to the last net worth update.

DKK 8,478,633 FIRE target: DKK 15,000,000


56.5%

FI portfolio

My FI portfolio now consists of DKK 6,432,742 (75.9%) in investments, DKK 1,929,691 (22.8%) in retirement accounts, and DKK 116,200 (1.4%) in cash.

Investments

Since my last update, my investments increased with DKK 162,742 (2.6%).

Retirement accounts

Since my last update, my retirement accounts increased with DKK 38,990 (2.06%).




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

If I quit working today, my monthly pay out would be DKK 28,262 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
28,262/month
(4.0% SWR)
24,729/month
(3.5% SWR)
21,196/month
(3.0% SWR)


When can I retire?

FI date

My age

54

I am currently aiming to save/invest approximately DKK 10,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 15,000,000 in 4 years and 6 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another DKK 770,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 5,751,367


Financial independence forecast