This is acorner'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 1,630,000 and my FI portfolio was DKK 572,000.
I am now 22.9% on my way to achive my FIRE target of DKK 2,500,000.
My FI portfolio now consists of DKK 340,000 (59.4%) in investments, DKK 232,000 (40.6%) in retirement accounts, and DKK 0 (0.0%) in cash.
If I quit working today, my monthly pay out would be DKK 1,906 for the rest of my life.
I am currently aiming to save/invest
approximately DKK
6,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of DKK 2,500,000
in 7 years and 6 months,
in , and at that time I will be
62 years old.
By that time I will have invested/saved
another DKK 660,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total DKK
1,268,000