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Net worth update per


This is Andersson's #31 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 3,375,000 and my FI portfolio decreased to DKK 1,499,000


Net worth

DKK 3,375,000

Since the last update on my net worth has decreased with DKK -30,000 ( -0.88 %).

FI portfolio

DKK 1,499,000

Since the last update on my FI portfolio has decreased with DKK -30,000 ( -1.96 %).

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 20,000 +13,000 33,000
Investments 605,000 -17,000 588,000
Retirement acc 904,000 -26,000 878,000
Real estate 4,000,000 0 4,000,000
Other assets 0 0 0
Total assets 5,529,000 -30,000 5,499,000

Mortgage 2,114,000 0 2,114,000
Other debt 10,000 0 10,000
Total debt 2,124,000 0 2,124,000
Change
Cash 42,000 -9,000 33,000
Investments 708,000 -120,000 588,000
Retirement acc 835,998 +42,002 878,000
Real estate 3,999,997 + 3 4,000,000
Other assets 0 0 0
Total assets 5,585,995 -86,995 5,499,000

Mortgage 2,409,000 -295,000 2,114,000
Other debt 20,000 -10,000 10,000
Total debt 2,429,000 -305,000 2,124,000
Change
Cash 250,000 -217,000 33,000
Investments 0 +588,000 588,000
Retirement acc 204,000 +674,000 878,000
Real estate 650,000 + 3,350,000 4,000,000
Other assets 0 0 0
Total assets 1,104,000 +4,395,000 5,499,000

Mortgage 0 2,114,000 2,114,000
Other debt 500,000 -490,000 10,000
Total debt 500,000 + 1,624,000 2,124,000

I am now 9.4% on my way to achive my FIRE target of DKK 16,000,000. This is -0.2 percentage points closer, compared to the last net worth update.

DKK 1,499,000 FIRE target: DKK 16,000,000


9.4%

FI portfolio

My FI portfolio now consists of DKK 588,000 (39.2%) in investments, DKK 878,000 (58.6%) in retirement accounts, and DKK 33,000 (2.2%) in cash.

Investments

Since my last update, my investments decreased with DKK -17,000 (-2.81%).

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -26,000 (-2.88%).




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

If I quit working today, my monthly pay out would be DKK 4,996 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,996/month
(4.0% SWR)
4,372/month
(3.5% SWR)
3,747/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately DKK 26,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 16,000,000 in 12 years and 9 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another DKK 4,472,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 10,029,000


Financial independence forecast