This is Rivendell'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 8,749,928 and my FI portfolio was DKK 4,099,928.
I am now 27.3% on my way to achive my FIRE target of DKK 15,000,000.
My FI portfolio now consists of DKK 140,000 (3.4%) in investments, DKK 3,719,928 (90.7%) in retirement accounts, and DKK 240,000 (5.9%) in cash.
If I quit working today, my monthly pay out would be DKK 13,666 for the rest of my life.
I am currently aiming to save/invest
approximately DKK
30,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of DKK 15,000,000
in 5 years and 7 months,
in , and at that time I will be
62 years old.
By that time I will have invested/saved
another DKK 3,240,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total DKK
7,660,072