This is Udbyttejæger'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 2,589,200 and my FI portfolio was DKK 1,245,100.
I am now 24.9% on my way to achive my FIRE target of DKK 5,000,000.
My FI portfolio now consists of DKK 613,100 (49.2%) in investments, DKK 453,700 (36.4%) in retirement accounts, and DKK 178,300 (14.3%) in cash.
If I quit working today, my monthly pay out would be DKK 4,150 for the rest of my life.
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 11 years and 7 months,
in , and at that time I will be
58 years old.
By that time I will have invested/saved
another DKK 1,169,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total DKK
2,585,900