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 1,899,998 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
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 5 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