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Net worth update per


This is Yohemming's #12 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 960,331 and my FI portfolio increased to DKK 200,684


Net worth

DKK 960,331

Since the last update on my net worth has increased with DKK 32,707 (+ 3.53 %).

FI portfolio

DKK 200,684

Since the last update on my FI portfolio has increased with DKK 30,051 (+ 17.61 %).

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 45,511 +6,000 51,511
Investments 95,995 +18,939 114,934
Retirement acc 29,127 +5,112 34,239
Real estate 2,733,600 0 2,733,600
Other assets 355,000 0 355,000
Total assets 3,259,233 +30,051 3,289,284

Mortgage 2,081,928 0 2,081,928
Other debt 249,681 -2,656 247,025
Total debt 2,331,609 -2,656 2,328,953
Change
Cash 55,011 -3,500 51,511
Investments 0 +114,934 114,934
Retirement acc 0 +34,239 34,239
Real estate 2,645,000 + 88,600 2,733,600
Other assets 0 + 355,000 355,000
Total assets 2,700,011 +589,273 3,289,284

Mortgage 2,095,516 -13,588 2,081,928
Other debt 0 + 247,025 247,025
Total debt 2,095,516 + 233,437 2,328,953
Change
Cash 55,011 -3,500 51,511
Investments 0 +114,934 114,934
Retirement acc 0 +34,239 34,239
Real estate 2,645,000 + 88,600 2,733,600
Other assets 0 + 355,000 355,000
Total assets 2,700,011 +589,273 3,289,284

Mortgage 2,095,516 -13,588 2,081,928
Other debt 0 + 247,025 247,025
Total debt 2,095,516 + 233,437 2,328,953

I am now 8.0% on my way to achive my FIRE target of DKK 2,500,000. This is 1.2 percentage points closer, compared to the last net worth update.

DKK 200,684 FIRE target: DKK 2,500,000


8.0%

FI portfolio

My FI portfolio now consists of DKK 114,934 (57.3%) in investments, DKK 34,239 (17.1%) in retirement accounts, and DKK 51,511 (25.7%) in cash.

Investments

Since my last update, my investments increased with DKK 18,939 (19.73%), 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 5,112 (17.55%), 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 668 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
668/month
(4.0% SWR)
585/month
(3.5% SWR)
501/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 3 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another DKK 1,575,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 724,316


Financial independence forecast