Net worth update per
This is Frederik'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 2,199,998 and my FI portfolio was DKK 749,999.
Net worth
DKK 2,199,998
FI portfolio
DKK 749,999
I am now 12.5% on my way to achive my FIRE target of DKK 6,000,000.
DKK 749,999 FIRE target: DKK 6,000,000
FI portfolio
My FI portfolio now consists of DKK 349,999 (46.7%) in investments, DKK 300,000 (40.0%) in retirement accounts, and DKK 100,000 (13.3%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be DKK 2,499 for the rest of my life.
Retire today with (DKK)
When can I retire?
FI date
My age
55
I am currently aiming to save/invest
approximately DKK
5,000
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of DKK 6,000,000
in 20 years and 8 months,
in , and at that time I will be
55 years old.
By that time I will have invested/saved
another DKK 1,285,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total DKK
3,965,001