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 2023-09-15T00:00:00Z, my net worth was DKK 2,199,998 and my FI portfolio was DKK 749,999.
I am now 12.5% on my way to achive my FIRE target of DKK 6,000,000.
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.
If I quit working today, my monthly pay out would be DKK 2,499 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 6,000,000 in 16 years and 5 months, in 2040-03-15T00:00:00Z, and at that time I will be 50 years old.
By that time I will have invested/saved another DKK 990,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 4,260,001