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Net worth update per


This is Rentier's #4 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 11,792,500 and my FI portfolio decreased to DKK 8,110,500


Net worth

DKK 11,792,500

Since the last update on my net worth has decreased with DKK -104,680 ( -0.88 %).

FI portfolio

DKK 8,110,500

Since the last update on my FI portfolio has decreased with DKK -5,680 ( -0.07 %).

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 42,000 +11,000 53,000
Investments 6,254,000 -22,500 6,231,500
Retirement acc 1,820,180 +5,820 1,826,000
Real estate 5,100,000 -100,000 5,000,000
Other assets 0 0 0
Total assets 13,216,180 -105,680 13,110,500

Mortgage 1,319,000 -1,000 1,318,000
Other debt 0 0 0
Total debt 1,319,000 -1,000 1,318,000
Change
Cash 70,000 -17,000 53,000
Investments 5,951,200 +280,300 6,231,500
Retirement acc 1,757,237 +68,763 1,826,000
Real estate 5,100,000 -100,000 5,000,000
Other assets 0 0 0
Total assets 12,878,437 +232,063 13,110,500

Mortgage 1,319,000 -1,000 1,318,000
Other debt 0 0 0
Total debt 1,319,000 -1,000 1,318,000
Change
Cash 70,000 -17,000 53,000
Investments 5,951,200 +280,300 6,231,500
Retirement acc 1,757,237 +68,763 1,826,000
Real estate 5,100,000 -100,000 5,000,000
Other assets 0 0 0
Total assets 12,878,437 +232,063 13,110,500

Mortgage 1,319,000 -1,000 1,318,000
Other debt 0 0 0
Total debt 1,319,000 -1,000 1,318,000

I am now 67.6% on my way to achive my FIRE target of DKK 12,000,000. This is -0.0 percentage points closer, compared to the last net worth update.

DKK 8,110,500 FIRE target: DKK 12,000,000


67.6%

FI portfolio

My FI portfolio now consists of DKK 6,231,500 (76.8%) in investments, DKK 1,826,000 (22.5%) in retirement accounts, and DKK 53,000 (0.7%) in cash.

Investments

Since my last update, my investments decreased with DKK -22,500 (-0.36%).

Retirement accounts

Since my last update, my retirement accounts increased with DKK 5,820 (0.32%).




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

If I quit working today, my monthly pay out would be DKK 27,035 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
27,035/month
(4.0% SWR)
23,655/month
(3.5% SWR)
20,276/month
(3.0% SWR)


When can I retire?

FI date

My age

51

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 12,000,000 in 3 years and 2 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another DKK 520,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,369,500


Financial independence forecast