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Net worth update per


This is BuGBlast's #26 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,864,816 and my FI portfolio increased to DKK 814,816


Net worth

DKK 1,864,816

Since the last update on my net worth has increased with DKK 9,228 (+ 0.5 %).

FI portfolio

DKK 814,816

Since the last update on my FI portfolio has increased with DKK 9,228 (+ 1.15 %).

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 61,102 +14,745 75,847
Investments 583,027 -4,448 578,579
Retirement acc 161,459 -1,069 160,390
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,355,588 +9,228 3,364,816

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000
Change
Cash 14,924 +60,923 75,847
Investments 402,145 +176,434 578,579
Retirement acc 129,440 +30,950 160,390
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,096,509 +268,307 3,364,816

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000
Change
Cash 110,390 -34,543 75,847
Investments 324,095 +254,484 578,579
Retirement acc 119,802 +40,588 160,390
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,104,287 +260,529 3,364,816

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000

I am now 11.6% on my way to achive my FIRE target of DKK 7,000,000. This is 0.1 percentage points closer, compared to the last net worth update.

DKK 814,816 FIRE target: DKK 7,000,000


11.6%

FI portfolio

My FI portfolio now consists of DKK 578,579 (71.0%) in investments, DKK 160,390 (19.7%) in retirement accounts, and DKK 75,847 (9.3%) in cash.

Investments

Since my last update, my investments decreased with DKK -4,448 (-0.76%), of which DKK 10,000 was from contributions, and DKK 11,042 was from returns.

Since I started tracking, my total contributions have been DKK 320,000, and my total return has been DKK 94,865.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -1,069 (-0.66%), of which DKK 2,000 was from contributions , and DKK 6,085 was from returns.

Since I started tracking, my total contributions have been DKK 62,000, and my total return is DKK 13,518.




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

If I quit working today, my monthly pay out would be DKK 2,716 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,716/month
(4.0% SWR)
2,376/month
(3.5% SWR)
2,037/month
(3.0% SWR)


When can I retire?

FI date

My age

47

I am currently aiming to save/invest approximately DKK 12,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 7,000,000 in 12 years and 10 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another DKK 1,944,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 4,241,184


Financial independence forecast