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Net worth update per



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.


Net worth

DKK 3,088,000

FI portfolio

DKK 2,905,000

I am now 48.4% on my way to achive my FIRE target of DKK 6,000,000.

DKK 2,905,000 FIRE target: DKK 6,000,000


48.4%

FI portfolio


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.




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



If I quit working today, my monthly pay out would be DKK 9,683 for the rest of my life.

Retire today with (DKK)
9,683/month
(4.0% SWR)
8,472/month
(3.5% SWR)
7,262/month
(3.0% SWR)


When can I retire?


FI date


My age

35

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 1 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


Financial independence forecast