This is FIREMANN'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 , my net worth was DKK 1,719,742 and my FI portfolio was DKK 1,238,742.
I am now 13.8% on my way to achive my FIRE target of DKK 9,000,000.
My FI portfolio now consists of DKK 553,523 (44.7%) in investments, DKK 617,219 (49.8%) in retirement accounts, and DKK 68,000 (5.5%) in cash.
If I quit working today, my monthly pay out would be DKK 4,129 for the rest of my life.
I am currently aiming to save/invest
approximately DKK
12,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of DKK 9,000,000
in 12 years and 1 months,
in , and at that time I will be
47 years old.
By that time I will have invested/saved
another DKK 1,992,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total DKK
5,769,258