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Net worth update per


This is SvendSvin's #31 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 5,769,373 and my FI portfolio increased to DKK 3,957,406


Net worth

DKK 5,769,373

Since the last update on my net worth has increased with DKK 149,839 (+ 2.67 %).

FI portfolio

DKK 3,957,406

Since the last update on my FI portfolio has increased with DKK 140,233 (+ 3.67 %).

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 90,308 +34,510 124,818
Investments 2,372,781 +81,336 2,454,117
Retirement acc 1,354,084 +24,387 1,378,471
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 7,667,173 +140,233 7,807,406

Mortgage 2,047,639 -9,606 2,038,033
Other debt 0 0 0
Total debt 2,047,639 -9,606 2,038,033
Change
Cash 156,470 -31,652 124,818
Investments 2,156,349 +297,768 2,454,117
Retirement acc 1,225,716 +152,755 1,378,471
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 7,388,535 +418,871 7,807,406

Mortgage 2,105,297 -67,264 2,038,033
Other debt 0 0 0
Total debt 2,105,297 -67,264 2,038,033
Change
Cash 58,425 +66,393 124,818
Investments 1,422,850 +1,031,267 2,454,117
Retirement acc 955,284 +423,187 1,378,471
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 6,286,559 +1,520,847 7,807,406

Mortgage 2,324,305 -286,272 2,038,033
Other debt 0 0 0
Total debt 2,324,305 -286,272 2,038,033

I am now 64.9% on my way to achive my FIRE target of DKK 6,100,000. This is 2.3 percentage points closer, compared to the last net worth update.

DKK 3,957,406 FIRE target: DKK 6,100,000


64.9%

FI portfolio

My FI portfolio now consists of DKK 2,454,117 (62.0%) in investments, DKK 1,378,471 (34.8%) in retirement accounts, and DKK 124,818 (3.2%) in cash.

Investments

Since my last update, my investments increased with DKK 81,336 (3.43%), of which DKK 25,000 was from contributions, and DKK -78,430 was from returns.

Since I started tracking, my total contributions have been DKK 879,704, and my total return has been DKK 625,446.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 24,387 (1.8%).

Since I started tracking, my total contributions have been DKK 330,789, and my total return is DKK 449,927.




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

If I quit working today, my monthly pay out would be DKK 13,191 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
13,191/month
(4.0% SWR)
11,542/month
(3.5% SWR)
9,893/month
(3.0% SWR)


When can I retire?

FI date

My age

47

I am currently aiming to save/invest approximately DKK 31,500 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 6,100,000 in 0 years and 11 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another DKK 1,071,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 1,071,594


Financial independence forecast