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Net worth update per


This is Yohemming's #21 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,182,324 and my FI portfolio decreased to DKK 329,340


Net worth

DKK 1,182,324

Since the last update on my net worth has increased with DKK 1,874 (+ 0.16 %).

FI portfolio

DKK 329,340

Since the last update on my FI portfolio has decreased with DKK -782 ( -0.24 %).

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 75,411 -22,712 52,699
Investments 181,327 +16,450 197,777
Retirement acc 73,384 +5,480 78,864
Real estate 2,825,200 0 2,825,200
Other assets 319,500 0 319,500
Total assets 3,474,822 -782 3,474,040

Mortgage 2,068,595 0 2,068,595
Other debt 225,777 -2,656 223,121
Total debt 2,294,372 -2,656 2,291,716
Change
Cash 51,511 +1,188 52,699
Investments 121,118 +76,659 197,777
Retirement acc 43,523 +35,341 78,864
Real estate 2,733,600 + 91,600 2,825,200
Other assets 355,000 -35,500 319,500
Total assets 3,304,752 +169,288 3,474,040

Mortgage 2,077,467 -8,872 2,068,595
Other debt 244,369 -21,248 223,121
Total debt 2,321,836 -30,120 2,291,716
Change
Cash 55,011 -2,312 52,699
Investments 0 +197,777 197,777
Retirement acc 0 +78,864 78,864
Real estate 2,645,000 + 180,200 2,825,200
Other assets 0 + 319,500 319,500
Total assets 2,700,011 +774,029 3,474,040

Mortgage 2,095,516 -26,921 2,068,595
Other debt 0 + 223,121 223,121
Total debt 2,095,516 + 196,200 2,291,716

I am now 13.2% on my way to achive my FIRE target of DKK 2,500,000. This is -0.0 percentage points closer, compared to the last net worth update.

DKK 329,340 FIRE target: DKK 2,500,000


13.2%

FI portfolio

My FI portfolio now consists of DKK 197,777 (60.1%) in investments, DKK 78,864 (23.9%) in retirement accounts, and DKK 52,699 (16.0%) in cash.

Investments

Since my last update, my investments increased with DKK 16,450 (9.07%), 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 5,480 (7.47%), 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 1,097 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
1,097/month
(4.0% SWR)
960/month
(3.5% SWR)
823/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 4 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another DKK 1,455,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 715,660


Financial independence forecast