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Net worth update per


This is SvendSvin's #26 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 5,307,902 and my FI portfolio increased to DKK 3,543,974


Net worth

DKK 5,307,902

Since the last update on my net worth has increased with DKK 127,209 (+ 2.46 %).

FI portfolio

DKK 3,543,974

Since the last update on my FI portfolio has increased with DKK 117,599 (+ 3.43 %).

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 133,320 -33,320 100,000
Investments 2,129,075 +26,928 2,156,003
Retirement acc 1,163,980 +123,991 1,287,971
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 7,276,375 +117,599 7,393,974

Mortgage 2,095,682 -9,610 2,086,072
Other debt 0 0 0
Total debt 2,095,682 -9,610 2,086,072
Change
Cash 156,470 -56,470 100,000
Investments 2,156,349 -346 2,156,003
Retirement acc 1,225,716 +62,255 1,287,971
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 7,388,535 +5,439 7,393,974

Mortgage 2,105,297 -19,225 2,086,072
Other debt 0 0 0
Total debt 2,105,297 -19,225 2,086,072
Change
Cash 58,425 +41,575 100,000
Investments 1,422,850 +733,153 2,156,003
Retirement acc 955,284 +332,687 1,287,971
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 6,286,559 +1,107,415 7,393,974

Mortgage 2,324,305 -238,233 2,086,072
Other debt 0 0 0
Total debt 2,324,305 -238,233 2,086,072

I am now 58.1% on my way to achive my FIRE target of DKK 6,100,000. This is 1.9 percentage points closer, compared to the last net worth update.

DKK 3,543,974 FIRE target: DKK 6,100,000


58.1%

FI portfolio

My FI portfolio now consists of DKK 2,156,003 (60.8%) in investments, DKK 1,287,971 (36.3%) in retirement accounts, and DKK 100,000 (2.8%) in cash.

Investments

Since my last update, my investments increased with DKK 26,928 (1.26%).

Since I started tracking, my total contributions have been DKK 811,489, and my total return has been DKK 762,234.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 123,991 (10.65%).

Since I started tracking, my total contributions have been DKK 255,889, and my total return is DKK 470,998.




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

If I quit working today, my monthly pay out would be DKK 11,813 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
11,813/month
(4.0% SWR)
10,336/month
(3.5% SWR)
8,859/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 2 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 1,291,500, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 1,264,526


Financial independence forecast