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Net worth update per


This is Udbyttejæger's #10 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,695,800 and my FI portfolio decreased to DKK 1,367,600


Net worth

DKK 2,695,800

Since the last update on my net worth has increased with DKK 53,800 (+ 2.04 %).

FI portfolio

DKK 1,367,600

Since the last update on my FI portfolio has decreased with DKK -43,400 ( -3.08 %).

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 185,300 +32,500 217,800
Investments 739,800 -64,700 675,100
Retirement acc 485,900 -11,200 474,700
Real estate 1,200,000 0 1,200,000
Other assets 830,600 + 97,200 927,800
Total assets 3,441,600 +53,800 3,495,400

Mortgage 799,600 0 799,600
Other debt 0 0 0
Total debt 799,600 0 799,600
Change
Cash 178,300 +39,500 217,800
Investments 613,100 +62,000 675,100
Retirement acc 453,700 +21,000 474,700
Real estate 1,200,000 0 1,200,000
Other assets 967,100 -39,300 927,800
Total assets 3,412,200 +83,200 3,495,400

Mortgage 823,000 -23,400 799,600
Other debt 0 0 0
Total debt 823,000 -23,400 799,600
Change
Cash 178,300 +39,500 217,800
Investments 613,100 +62,000 675,100
Retirement acc 453,700 +21,000 474,700
Real estate 1,200,000 0 1,200,000
Other assets 967,100 -39,300 927,800
Total assets 3,412,200 +83,200 3,495,400

Mortgage 823,000 -23,400 799,600
Other debt 0 0 0
Total debt 823,000 -23,400 799,600

I am now 27.4% on my way to achive my FIRE target of DKK 5,000,000. This is -0.9 percentage points closer, compared to the last net worth update.

DKK 1,367,600 FIRE target: DKK 5,000,000


27.4%

FI portfolio

My FI portfolio now consists of DKK 675,100 (49.4%) in investments, DKK 474,700 (34.7%) in retirement accounts, and DKK 217,800 (15.9%) in cash.

Investments

Since my last update, my investments decreased with DKK -64,700 (-8.75%), of which DKK 9,800 was from contributions, and DKK 29,100 was from returns.

Since I started tracking, my total contributions have been DKK 157,200, and my total return has been DKK -3,000.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -11,200 (-2.31%), of which DKK 5,000 was from contributions , and DKK 20,300 was from returns.

Since I started tracking, my total contributions have been DKK 55,000, and my total return is DKK 20,200.




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

If I quit working today, my monthly pay out would be DKK 4,558 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,558/month
(4.0% SWR)
3,988/month
(3.5% SWR)
3,419/month
(3.0% SWR)


When can I retire?

FI date

My age

58

I am currently aiming to save/invest approximately DKK 7,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 5,000,000 in 11 years and 8 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another DKK 1,113,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 2,519,400


Financial independence forecast