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Net worth update per


This is Udbyttejæger's #3 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 2,532,700 and my FI portfolio decreased to DKK 1,215,500


Net worth

DKK 2,532,700

Since the last update on my net worth has decreased with DKK -60,900 ( -2.35 %).

FI portfolio

DKK 1,215,500

Since the last update on my FI portfolio has decreased with DKK -40,700 ( -3.24 %).

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 162,300 -58,000 104,300
Investments 637,700 +15,300 653,000
Retirement acc 456,200 +2,000 458,200
Real estate 1,200,000 0 1,200,000
Other assets 960,400 -20,200 940,200
Total assets 3,416,600 -60,900 3,355,700

Mortgage 823,000 0 823,000
Other debt 0 0 0
Total debt 823,000 0 823,000
Change
Cash 178,300 -74,000 104,300
Investments 613,100 +39,900 653,000
Retirement acc 453,700 +4,500 458,200
Real estate 1,200,000 0 1,200,000
Other assets 967,100 -26,900 940,200
Total assets 3,412,200 -56,500 3,355,700

Mortgage 823,000 0 823,000
Other debt 0 0 0
Total debt 823,000 0 823,000
Change
Cash 178,300 -74,000 104,300
Investments 613,100 +39,900 653,000
Retirement acc 453,700 +4,500 458,200
Real estate 1,200,000 0 1,200,000
Other assets 967,100 -26,900 940,200
Total assets 3,412,200 -56,500 3,355,700

Mortgage 823,000 0 823,000
Other debt 0 0 0
Total debt 823,000 0 823,000

I am now 24.3% on my way to achive my FIRE target of DKK 5,000,000. This is -0.8 percentage points closer, compared to the last net worth update.

DKK 1,215,500 FIRE target: DKK 5,000,000


24.3%

FI portfolio

My FI portfolio now consists of DKK 653,000 (53.7%) in investments, DKK 458,200 (37.7%) in retirement accounts, and DKK 104,300 (8.6%) in cash.

Investments

Since my last update, my investments increased with DKK 15,300 (2.4%), 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 increased with DKK 2,000 (0.44%), 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 4,051 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,051/month
(4.0% SWR)
3,545/month
(3.5% SWR)
3,038/month
(3.0% SWR)


When can I retire?

FI date

My age

58

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 8 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another DKK 1,162,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 2,622,500


Financial independence forecast