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 Rentier's #7 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 11,734,468 and my FI portfolio increased to DKK 7,953,468


Net worth

DKK 11,734,468

Since the last update on my net worth has increased with DKK 175,031 (+ 1.51 %).

FI portfolio

DKK 7,953,468

Since the last update on my FI portfolio has increased with DKK 175,031 (+ 2.25 %).

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 70,000 -20,000 50,000
Investments 5,951,200 +160,350 6,111,550
Retirement acc 1,757,237 +34,681 1,791,918
Real estate 5,100,000 0 5,100,000
Other assets 0 0 0
Total assets 12,878,437 +175,031 13,053,468

Mortgage 1,319,000 0 1,319,000
Other debt 0 0 0
Total debt 1,319,000 0 1,319,000
Change
Cash 100,000 -50,000 50,000
Investments 5,882,500 +229,050 6,111,550
Retirement acc 2,028,800 -236,882 1,791,918
Real estate 5,300,000 -200,000 5,100,000
Other assets 0 0 0
Total assets 13,311,300 -257,832 13,053,468

Mortgage 1,323,300 -4,300 1,319,000
Other debt 0 0 0
Total debt 1,323,300 -4,300 1,319,000
Change
Cash 50,000 0 50,000
Investments 3,651,000 +2,460,550 6,111,550
Retirement acc 1,417,000 +374,918 1,791,918
Real estate 4,300,000 + 800,000 5,100,000
Other assets 0 0 0
Total assets 9,418,000 +3,635,468 13,053,468

Mortgage 1,595,000 -276,000 1,319,000
Other debt 0 0 0
Total debt 1,595,000 -276,000 1,319,000

I am now 53.0% on my way to achive my FIRE target of DKK 15,000,000. This is 1.2 percentage points closer, compared to the last net worth update.

DKK 7,953,468 FIRE target: DKK 15,000,000


53.0%

FI portfolio

My FI portfolio now consists of DKK 6,111,550 (76.8%) in investments, DKK 1,791,918 (22.5%) in retirement accounts, and DKK 50,000 (0.6%) in cash.

Investments

Since my last update, my investments increased with DKK 160,350 (2.69%).

Retirement accounts

Since my last update, my retirement accounts increased with DKK 34,681 (1.97%).




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

If I quit working today, my monthly pay out would be DKK 26,511 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
26,511/month
(4.0% SWR)
23,197/month
(3.5% SWR)
19,883/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 9 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another DKK 850,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 6,196,532


Financial independence forecast