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Net worth update per


This is Yohemming's #36 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,482,071 and my FI portfolio increased to DKK 504,520


Net worth

DKK 1,482,071

Since the last update on my net worth has increased with DKK 24,708 (+ 1.7 %).

FI portfolio

DKK 504,520

Since the last update on my FI portfolio has increased with DKK 22,052 (+ 4.57 %).

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 77,065 +3,000 80,065
Investments 319,053 +18,255 337,308
Retirement acc 86,350 +797 87,147
Real estate 2,920,000 0 2,920,000
Other assets 287,550 0 287,550
Total assets 3,690,018 +22,052 3,712,070

Mortgage 2,046,718 0 2,046,718
Other debt 185,937 -2,656 183,281
Total debt 2,232,655 -2,656 2,229,999
Change
Cash 70,099 +9,966 80,065
Investments 251,928 +85,380 337,308
Retirement acc 90,525 -3,378 87,147
Real estate 2,825,200 + 94,800 2,920,000
Other assets 319,500 -31,950 287,550
Total assets 3,557,252 +154,818 3,712,070

Mortgage 2,059,713 -12,995 2,046,718
Other debt 212,497 -29,216 183,281
Total debt 2,272,210 -42,211 2,229,999
Change
Cash 55,011 +25,054 80,065
Investments 0 +337,308 337,308
Retirement acc 0 +87,147 87,147
Real estate 2,645,000 + 275,000 2,920,000
Other assets 0 + 287,550 287,550
Total assets 2,700,011 +1,012,059 3,712,070

Mortgage 2,095,516 -48,798 2,046,718
Other debt 0 + 183,281 183,281
Total debt 2,095,516 + 134,483 2,229,999

I am now 20.2% on my way to achive my FIRE target of DKK 2,500,000. This is 0.9 percentage points closer, compared to the last net worth update.

DKK 504,520 FIRE target: DKK 2,500,000


20.2%

FI portfolio

My FI portfolio now consists of DKK 337,308 (66.9%) in investments, DKK 87,147 (17.3%) in retirement accounts, and DKK 80,065 (15.9%) in cash.

Investments

Since my last update, my investments increased with DKK 18,255 (5.72%), 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 797 (0.92%), 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 1,681 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
1,681/month
(4.0% SWR)
1,471/month
(3.5% SWR)
1,261/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 1,305,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 690,480


Financial independence forecast