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Net worth update per


This is Udbyttejæger's #8 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 2,758,100 and my FI portfolio decreased to DKK 1,406,900


Net worth

DKK 2,758,100

Since the last update on my net worth has decreased with DKK -24,500 ( -0.88 %).

FI portfolio

DKK 1,406,900

Since the last update on my FI portfolio has decreased with DKK -800 ( -0.06 %).

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 178,500 -8,800 169,700
Investments 734,000 +10,300 744,300
Retirement acc 495,200 -2,300 492,900
Real estate 1,200,000 0 1,200,000
Other assets 985,900 -23,700 962,200
Total assets 3,593,600 -24,500 3,569,100

Mortgage 811,000 0 811,000
Other debt 0 0 0
Total debt 811,000 0 811,000
Change
Cash 178,300 -8,600 169,700
Investments 613,100 +131,200 744,300
Retirement acc 453,700 +39,200 492,900
Real estate 1,200,000 0 1,200,000
Other assets 967,100 -4,900 962,200
Total assets 3,412,200 +156,900 3,569,100

Mortgage 823,000 -12,000 811,000
Other debt 0 0 0
Total debt 823,000 -12,000 811,000
Change
Cash 178,300 -8,600 169,700
Investments 613,100 +131,200 744,300
Retirement acc 453,700 +39,200 492,900
Real estate 1,200,000 0 1,200,000
Other assets 967,100 -4,900 962,200
Total assets 3,412,200 +156,900 3,569,100

Mortgage 823,000 -12,000 811,000
Other debt 0 0 0
Total debt 823,000 -12,000 811,000

I am now 28.1% on my way to achive my FIRE target of DKK 5,000,000. This is -0.0 percentage points closer, compared to the last net worth update.

DKK 1,406,900 FIRE target: DKK 5,000,000


28.1%

FI portfolio

My FI portfolio now consists of DKK 744,300 (52.9%) in investments, DKK 492,900 (35.0%) in retirement accounts, and DKK 169,700 (12.1%) in cash.

Investments

Since my last update, my investments increased with DKK 10,300 (1.4%), of which DKK 9,800 was from contributions, and DKK 29,100 was from returns.

Since I started tracking, my total contributions have been DKK 157,200, and my total return has been DKK -3,000.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -2,300 (-0.46%), of which DKK 5,000 was from contributions , and DKK 20,300 was from returns.

Since I started tracking, my total contributions have been DKK 55,000, and my total return is DKK 20,200.




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

If I quit working today, my monthly pay out would be DKK 4,689 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,689/month
(4.0% SWR)
4,103/month
(3.5% SWR)
3,517/month
(3.0% SWR)


When can I retire?

FI date

My age

57

I am currently aiming to save/invest approximately DKK 7,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 5,000,000 in 12 years and 2 months, in , and at that time I will be 57 years old.

By that time I will have invested/saved another DKK 1,085,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 2,508,100


Financial independence forecast