This is firebankers'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 3,088,000 and my FI portfolio was DKK 2,905,000.
I am now 48.4% on my way to achive my FIRE target of DKK 6,000,000.
My FI portfolio now consists of DKK 2,147,000 (73.9%) in investments, DKK 531,000 (18.3%) in retirement accounts, and DKK 227,000 (7.8%) in cash.
If I quit working today, my monthly pay out would be DKK 9,683 for the rest of my life.
I am currently aiming to save/invest
approximately DKK
30,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of DKK 6,000,000
in 0 years and 7 months,
in , and at that time I will be
35 years old.
By that time I will have invested/saved
another DKK 1,440,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total DKK
1,655,000