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Net worth update per


This is Yohemming's #29 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,313,649 and my FI portfolio increased to DKK 426,071


Net worth

DKK 1,313,649

Since the last update on my net worth has increased with DKK 5,655 (+ 0.43 %).

FI portfolio

DKK 426,071

Since the last update on my FI portfolio has increased with DKK 2,999 (+ 0.71 %).

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 62,789 +4,000 66,789
Investments 267,596 +2,955 270,551
Retirement acc 92,687 -3,956 88,731
Real estate 2,825,200 0 2,825,200
Other assets 319,500 0 319,500
Total assets 3,567,772 +2,999 3,570,771

Mortgage 2,055,249 0 2,055,249
Other debt 204,529 -2,656 201,873
Total debt 2,259,778 -2,656 2,257,122
Change
Cash 70,099 -3,310 66,789
Investments 251,928 +18,623 270,551
Retirement acc 90,525 -1,794 88,731
Real estate 2,825,200 0 2,825,200
Other assets 319,500 0 319,500
Total assets 3,557,252 +13,519 3,570,771

Mortgage 2,059,713 -4,464 2,055,249
Other debt 212,497 -10,624 201,873
Total debt 2,272,210 -15,088 2,257,122
Change
Cash 55,011 +11,778 66,789
Investments 0 +270,551 270,551
Retirement acc 0 +88,731 88,731
Real estate 2,645,000 + 180,200 2,825,200
Other assets 0 + 319,500 319,500
Total assets 2,700,011 +870,760 3,570,771

Mortgage 2,095,516 -40,267 2,055,249
Other debt 0 + 201,873 201,873
Total debt 2,095,516 + 161,606 2,257,122

I am now 17.0% on my way to achive my FIRE target of DKK 2,500,000. This is 0.1 percentage points closer, compared to the last net worth update.

DKK 426,071 FIRE target: DKK 2,500,000


17.0%

FI portfolio

My FI portfolio now consists of DKK 270,551 (63.5%) in investments, DKK 88,731 (20.8%) in retirement accounts, and DKK 66,789 (15.7%) in cash.

Investments

Since my last update, my investments increased with DKK 2,955 (1.1%), of which DKK 19,000 was from contributions, and DKK -26,620 was from returns.

Since I started tracking, my total contributions have been DKK 719,705, and my total return has been DKK 208,628.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -3,956 (-4.27%).

Since I started tracking, my total contributions have been DKK 123,653, and my total return is DKK 16,612.




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

If I quit working today, my monthly pay out would be DKK 1,420 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
1,420/month
(4.0% SWR)
1,242/month
(3.5% SWR)
1,065/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 4 years and 6 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another DKK 1,380,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 693,929


Financial independence forecast