Net worth update per
This is Saving'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 1,290,000 and my FI portfolio was DKK 265,000.
Net worth
DKK 1,290,000
FI portfolio
DKK 265,000
I am now 8.8% on my way to achive my FIRE target of DKK 3,000,000.
DKK 265,000 FIRE target: DKK 3,000,000
FI portfolio
My FI portfolio now consists of DKK 15,000 (5.7%) in investments, DKK 220,000 (83.0%) in retirement accounts, and DKK 30,000 (11.3%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be DKK 883 for the rest of my life.
Retire today with (DKK)
When can I retire?
FI date
My age
48
I am currently aiming to save/invest
approximately DKK
5,000
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of DKK 3,000,000
in 16 years and 2 months,
in , and at that time I will be
48 years old.
By that time I will have invested/saved
another DKK 1,075,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total DKK
1,660,000