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Net worth update per


This is Yohemming's #43 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,725,135 and my FI portfolio increased to DKK 639,040


Net worth

DKK 1,725,135

Since the last update on my net worth has increased with DKK 30,193 (+ 1.78 %).

FI portfolio

DKK 639,040

Since the last update on my FI portfolio has increased with DKK 24,587 (+ 4.0 %).

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 93,051 +1,000 94,051
Investments 423,386 +19,954 443,340
Retirement acc 98,016 +3,633 101,649
Real estate 3,000,000 0 3,000,000
Other assets 287,550 0 287,550
Total assets 3,902,003 +24,587 3,926,590

Mortgage 2,039,717 -2,949 2,036,768
Other debt 167,344 -2,657 164,687
Total debt 2,207,061 -5,606 2,201,455
Change
Cash 84,565 +9,486 94,051
Investments 320,278 +123,062 443,340
Retirement acc 82,486 +19,163 101,649
Real estate 2,920,000 + 80,000 3,000,000
Other assets 287,550 0 287,550
Total assets 3,694,879 +231,711 3,926,590

Mortgage 2,042,644 -5,876 2,036,768
Other debt 180,625 -15,938 164,687
Total debt 2,223,269 -21,814 2,201,455
Change
Cash 55,011 +39,040 94,051
Investments 0 +443,340 443,340
Retirement acc 0 +101,649 101,649
Real estate 2,645,000 + 355,000 3,000,000
Other assets 0 + 287,550 287,550
Total assets 2,700,011 +1,226,579 3,926,590

Mortgage 2,095,516 -58,748 2,036,768
Other debt 0 + 164,687 164,687
Total debt 2,095,516 + 105,939 2,201,455

I am now 25.6% on my way to achive my FIRE target of DKK 2,500,000. This is 1.0 percentage points closer, compared to the last net worth update.

DKK 639,040 FIRE target: DKK 2,500,000


25.6%

FI portfolio

My FI portfolio now consists of DKK 443,340 (69.4%) in investments, DKK 101,649 (15.9%) in retirement accounts, and DKK 94,051 (14.7%) in cash.

Investments

Since my last update, my investments increased with DKK 19,954 (4.71%), of which DKK 23,000 was from contributions, and DKK -31,322 was from returns.

Since I started tracking, my total contributions have been DKK 599,441, and my total return has been DKK 163,590.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 3,633 (3.71%), of which DKK 4,409 was from contributions , and DKK 693 was from returns.

Since I started tracking, my total contributions have been DKK 128,572, and my total return is DKK 12,692.




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

If I quit working today, my monthly pay out would be DKK 2,130 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,130/month
(4.0% SWR)
1,863/month
(3.5% SWR)
1,597/month
(3.0% SWR)


When can I retire?

FI date

My age

36

I am currently aiming to save/invest approximately DKK 15,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 2,500,000 in 5 years and 9 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another DKK 1,200,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 660,960


Financial independence forecast