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Net worth update per


This is Rentier's #15 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 12,092,572 and my FI portfolio increased to DKK 8,408,372


Net worth

DKK 12,092,572

Since the last update on my net worth has increased with DKK 16,222 (+ 0.13 %).

FI portfolio

DKK 8,408,372

Since the last update on my FI portfolio has increased with DKK 15,222 (+ 0.18 %).

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 80,900 +15,600 96,500
Investments 6,381,500 +20,984 6,402,484
Retirement acc 1,930,750 -21,362 1,909,388
Real estate 5,000,000 0 5,000,000
Other assets 0 0 0
Total assets 13,393,150 +15,222 13,408,372

Mortgage 1,316,800 -1,000 1,315,800
Other debt 0 0 0
Total debt 1,316,800 -1,000 1,315,800
Change
Cash 100,000 -3,500 96,500
Investments 5,882,500 +519,984 6,402,484
Retirement acc 2,028,800 -119,412 1,909,388
Real estate 5,300,000 -300,000 5,000,000
Other assets 0 0 0
Total assets 13,311,300 +97,072 13,408,372

Mortgage 1,323,300 -7,500 1,315,800
Other debt 0 0 0
Total debt 1,323,300 -7,500 1,315,800
Change
Cash 50,000 +46,500 96,500
Investments 3,651,000 +2,751,484 6,402,484
Retirement acc 1,417,000 +492,388 1,909,388
Real estate 4,300,000 + 700,000 5,000,000
Other assets 0 0 0
Total assets 9,418,000 +3,990,372 13,408,372

Mortgage 1,595,000 -279,200 1,315,800
Other debt 0 0 0
Total debt 1,595,000 -279,200 1,315,800

I am now 56.1% on my way to achive my FIRE target of DKK 15,000,000. This is 0.1 percentage points closer, compared to the last net worth update.

DKK 8,408,372 FIRE target: DKK 15,000,000


56.1%

FI portfolio

My FI portfolio now consists of DKK 6,402,484 (76.1%) in investments, DKK 1,909,388 (22.7%) in retirement accounts, and DKK 96,500 (1.1%) in cash.

Investments

Since my last update, my investments increased with DKK 20,984 (0.33%).

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -21,362 (-1.11%).




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

If I quit working today, my monthly pay out would be DKK 28,027 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
28,027/month
(4.0% SWR)
24,524/month
(3.5% SWR)
21,020/month
(3.0% SWR)


When can I retire?

FI date

My age

54

I am currently aiming to save/invest approximately DKK 10,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 15,000,000 in 4 years and 10 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another DKK 780,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 5,811,628


Financial independence forecast