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Net worth update per


This is Yohemming's #44 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 1,716,271 and my FI portfolio increased to DKK 656,275


Net worth

DKK 1,716,271

Since the last update on my net worth has decreased with DKK -8,864 ( -0.51 %).

FI portfolio

DKK 656,275

Since the last update on my FI portfolio has increased with DKK 17,235 (+ 2.7 %).

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 94,051 -4,000 90,051
Investments 443,340 +18,318 461,658
Retirement acc 101,649 +2,917 104,566
Real estate 3,000,000 0 3,000,000
Other assets 287,550 -28,755 258,795
Total assets 3,926,590 -11,520 3,915,070

Mortgage 2,036,768 0 2,036,768
Other debt 164,687 -2,656 162,031
Total debt 2,201,455 -2,656 2,198,799
Change
Cash 84,565 +5,486 90,051
Investments 320,278 +141,380 461,658
Retirement acc 82,486 +22,080 104,566
Real estate 2,920,000 + 80,000 3,000,000
Other assets 287,550 -28,755 258,795
Total assets 3,694,879 +220,191 3,915,070

Mortgage 2,042,644 -5,876 2,036,768
Other debt 180,625 -18,594 162,031
Total debt 2,223,269 -24,470 2,198,799
Change
Cash 55,011 +35,040 90,051
Investments 0 +461,658 461,658
Retirement acc 0 +104,566 104,566
Real estate 2,645,000 + 355,000 3,000,000
Other assets 0 + 258,795 258,795
Total assets 2,700,011 +1,215,059 3,915,070

Mortgage 2,095,516 -58,748 2,036,768
Other debt 0 + 162,031 162,031
Total debt 2,095,516 + 103,283 2,198,799

I am now 26.3% on my way to achive my FIRE target of DKK 2,500,000. This is 0.7 percentage points closer, compared to the last net worth update.

DKK 656,275 FIRE target: DKK 2,500,000


26.3%

FI portfolio

My FI portfolio now consists of DKK 461,658 (70.3%) in investments, DKK 104,566 (15.9%) in retirement accounts, and DKK 90,051 (13.7%) in cash.

Investments

Since my last update, my investments increased with DKK 18,318 (4.13%), 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 2,917 (2.87%), 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 2,187 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,187/month
(4.0% SWR)
1,914/month
(3.5% SWR)
1,640/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 1,185,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 658,725


Financial independence forecast