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Net worth update per


This is SvendSvin's #7 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 4,686,565 and my FI portfolio increased to DKK 3,095,867


Net worth

DKK 4,686,565

Since the last update on my net worth has increased with DKK 176,664 (+ 3.92 %).

FI portfolio

DKK 3,095,867

Since the last update on my FI portfolio has increased with DKK 167,028 (+ 5.7 %).

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 33,731 +6,314 40,045
Investments 1,771,805 +110,026 1,881,831
Retirement acc 1,123,303 +50,688 1,173,991
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 6,778,839 +167,028 6,945,867

Mortgage 2,268,938 -9,636 2,259,302
Other debt 0 0 0
Total debt 2,268,938 -9,636 2,259,302
Change
Cash 58,425 -18,380 40,045
Investments 1,422,850 +458,981 1,881,831
Retirement acc 955,284 +218,707 1,173,991
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 6,286,559 +659,308 6,945,867

Mortgage 2,324,305 -65,003 2,259,302
Other debt 0 0 0
Total debt 2,324,305 -65,003 2,259,302
Change
Cash 58,425 -18,380 40,045
Investments 1,422,850 +458,981 1,881,831
Retirement acc 955,284 +218,707 1,173,991
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 6,286,559 +659,308 6,945,867

Mortgage 2,324,305 -65,003 2,259,302
Other debt 0 0 0
Total debt 2,324,305 -65,003 2,259,302

I am now 50.8% on my way to achive my FIRE target of DKK 6,100,000. This is 2.7 percentage points closer, compared to the last net worth update.

DKK 3,095,867 FIRE target: DKK 6,100,000


50.8%

FI portfolio

My FI portfolio now consists of DKK 1,881,831 (60.8%) in investments, DKK 1,173,991 (37.9%) in retirement accounts, and DKK 40,045 (1.3%) in cash.

Investments

Since my last update, my investments increased with DKK 110,026 (6.21%), of which DKK 25,000 was from contributions, and DKK -78,430 was from returns.

Since I started tracking, my total contributions have been DKK 879,704, and my total return has been DKK 625,446.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 50,688 (4.51%).

Since I started tracking, my total contributions have been DKK 330,789, and my total return is DKK 449,927.




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

If I quit working today, my monthly pay out would be DKK 10,319 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
10,319/month
(4.0% SWR)
9,029/month
(3.5% SWR)
7,739/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 0 years and 2 months, in , and at that time I will be 46 years old.

By that time I will have invested/saved another DKK 1,543,500, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 1,460,633


Financial independence forecast