Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is SvendSvin's #9 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 4,858,082 and my FI portfolio increased to DKK 3,248,112


Net worth

DKK 4,858,082

Since the last update on my net worth has increased with DKK 53,342 (+ 1.11 %).

FI portfolio

DKK 3,248,112

Since the last update on my FI portfolio has increased with DKK 43,706 (+ 1.36 %).

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 24,303 -22,036 2,267
Investments 1,984,334 +32,743 2,017,077
Retirement acc 1,195,769 +32,999 1,228,768
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 7,054,406 +43,706 7,098,112

Mortgage 2,249,666 -9,636 2,240,030
Other debt 0 0 0
Total debt 2,249,666 -9,636 2,240,030
Change
Cash 58,425 -56,158 2,267
Investments 1,422,850 +594,227 2,017,077
Retirement acc 955,284 +273,484 1,228,768
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 6,286,559 +811,553 7,098,112

Mortgage 2,324,305 -84,275 2,240,030
Other debt 0 0 0
Total debt 2,324,305 -84,275 2,240,030
Change
Cash 58,425 -56,158 2,267
Investments 1,422,850 +594,227 2,017,077
Retirement acc 955,284 +273,484 1,228,768
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 6,286,559 +811,553 7,098,112

Mortgage 2,324,305 -84,275 2,240,030
Other debt 0 0 0
Total debt 2,324,305 -84,275 2,240,030

I am now 53.2% on my way to achive my FIRE target of DKK 6,100,000. This is 0.7 percentage points closer, compared to the last net worth update.

DKK 3,248,112 FIRE target: DKK 6,100,000


53.2%

FI portfolio

My FI portfolio now consists of DKK 2,017,077 (62.1%) in investments, DKK 1,228,768 (37.8%) in retirement accounts, and DKK 2,267 (0.1%) in cash.

Investments

Since my last update, my investments increased with DKK 32,743 (1.65%).

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 32,999 (2.76%).

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 10,827 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
10,827/month
(4.0% SWR)
9,473/month
(3.5% SWR)
8,120/month
(3.0% SWR)


When can I retire?

FI date

My age

46

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 1 years and 1 months, in , and at that time I will be 46 years old.

By that time I will have invested/saved another DKK 1,449,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 1,402,888


Financial independence forecast