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Net worth update per


This is Frederik's #3 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 1,925,998 and my FI portfolio decreased to DKK 756,998


Net worth

DKK 1,925,998

Since the last update on my net worth has decreased with DKK -249,002 ( -11.45 %).

FI portfolio

DKK 756,998

Since the last update on my FI portfolio has decreased with DKK -13,002 ( -1.69 %).

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 90,000 -10,000 80,000
Investments 380,000 -3,000 377,000
Retirement acc 300,000 -2 299,998
Real estate 3,000,000 0 3,000,000
Other assets 250,000 -250,000 0
Total assets 4,020,000 -263,002 3,756,998

Mortgage 1,750,000 -19,000 1,731,000
Other debt 95,000 + 5,000 100,000
Total debt 1,845,000 + -14,000 1,831,000
Change
Cash 100,000 -20,000 80,000
Investments 349,999 +27,001 377,000
Retirement acc 300,000 -2 299,998
Real estate 2,999,999 + 1 3,000,000
Other assets 250,000 -250,000 0
Total assets 3,999,998 -243,000 3,756,998

Mortgage 1,700,000 31,000 1,731,000
Other debt 100,000 0 100,000
Total debt 1,800,000 31,000 1,831,000
Change
Cash 100,000 -20,000 80,000
Investments 349,999 +27,001 377,000
Retirement acc 300,000 -2 299,998
Real estate 2,999,999 + 1 3,000,000
Other assets 250,000 -250,000 0
Total assets 3,999,998 -243,000 3,756,998

Mortgage 1,700,000 31,000 1,731,000
Other debt 100,000 0 100,000
Total debt 1,800,000 + 31,000 1,831,000

I am now 12.6% on my way to achive my FIRE target of DKK 6,000,000. This is -0.2 percentage points closer, compared to the last net worth update.

DKK 756,998 FIRE target: DKK 6,000,000


12.6%

FI portfolio

My FI portfolio now consists of DKK 377,000 (49.8%) in investments, DKK 299,998 (39.6%) in retirement accounts, and DKK 80,000 (10.6%) in cash.

Investments

Since my last update, my investments decreased with DKK -3,000 (-0.79%).

Since I started tracking, my total contributions have been DKK 2,500, and my total return has been DKK 91,501.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -2 (-0.0%).

Since I started tracking, my total contributions have been DKK 0, and my total return is DKK 0.




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

If I quit working today, my monthly pay out would be DKK 2,523 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,523/month
(4.0% SWR)
2,207/month
(3.5% SWR)
1,892/month
(3.0% SWR)


When can I retire?

FI date

My age

55

I am currently aiming to save/invest approximately DKK 5,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 6,000,000 in 20 years and 7 months, in , and at that time I will be 55 years old.

By that time I will have invested/saved another DKK 1,270,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,973,002


Financial independence forecast