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Net worth update per


This is Rentier's #6 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 11,559,437 and my FI portfolio decreased to DKK 7,778,437


Net worth

DKK 11,559,437

Since the last update on my net worth has decreased with DKK -428,563 ( -3.57 %).

FI portfolio

DKK 7,778,437

Since the last update on my FI portfolio has decreased with DKK -232,863 ( -2.91 %).

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 100,000 -30,000 70,000
Investments 5,882,500 +68,700 5,951,200
Retirement acc 2,028,800 -271,563 1,757,237
Real estate 5,300,000 -200,000 5,100,000
Other assets 0 0 0
Total assets 13,311,300 -432,863 12,878,437

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 100,000 -30,000 70,000
Investments 5,882,500 +68,700 5,951,200
Retirement acc 2,028,800 -271,563 1,757,237
Real estate 5,300,000 -200,000 5,100,000
Other assets 0 0 0
Total assets 13,311,300 -432,863 12,878,437

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 +20,000 70,000
Investments 3,651,000 +2,300,200 5,951,200
Retirement acc 1,417,000 +340,237 1,757,237
Real estate 4,300,000 + 800,000 5,100,000
Other assets 0 0 0
Total assets 9,418,000 +3,460,437 12,878,437

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 51.9% on my way to achive my FIRE target of DKK 15,000,000. This is -1.6 percentage points closer, compared to the last net worth update.

DKK 7,778,437 FIRE target: DKK 15,000,000


51.9%

FI portfolio

My FI portfolio now consists of DKK 5,951,200 (76.5%) in investments, DKK 1,757,237 (22.6%) in retirement accounts, and DKK 70,000 (0.9%) in cash.

Investments

Since my last update, my investments increased with DKK 68,700 (1.17%).

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -271,563 (-13.39%).




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

If I quit working today, my monthly pay out would be DKK 25,928 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
25,928/month
(4.0% SWR)
22,687/month
(3.5% SWR)
19,446/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 10 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another DKK 870,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 6,351,563


Financial independence forecast