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Net worth update per


This is Yohemming's #47 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 1,744,231 and my FI portfolio decreased to DKK 673,805


Net worth

DKK 1,744,231

Since the last update on my net worth has decreased with DKK -1,328 ( -0.08 %).

FI portfolio

DKK 673,805

Since the last update on my FI portfolio has decreased with DKK -3,984 ( -0.59 %).

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 96,051 +16,000 112,051
Investments 479,779 -16,302 463,477
Retirement acc 101,959 -3,682 98,277
Real estate 3,000,000 0 3,000,000
Other assets 258,795 0 258,795
Total assets 3,936,584 -3,984 3,932,600

Mortgage 2,034,306 0 2,034,306
Other debt 156,719 -2,656 154,063
Total debt 2,191,025 -2,656 2,188,369
Change
Cash 84,565 +27,486 112,051
Investments 320,278 +143,199 463,477
Retirement acc 82,486 +15,791 98,277
Real estate 2,920,000 + 80,000 3,000,000
Other assets 287,550 -28,755 258,795
Total assets 3,694,879 +237,721 3,932,600

Mortgage 2,042,644 -8,338 2,034,306
Other debt 180,625 -26,562 154,063
Total debt 2,223,269 -34,900 2,188,369
Change
Cash 55,011 +57,040 112,051
Investments 0 +463,477 463,477
Retirement acc 0 +98,277 98,277
Real estate 2,645,000 + 355,000 3,000,000
Other assets 0 + 258,795 258,795
Total assets 2,700,011 +1,232,589 3,932,600

Mortgage 2,095,516 -61,210 2,034,306
Other debt 0 + 154,063 154,063
Total debt 2,095,516 + 92,853 2,188,369

I am now 27.0% on my way to achive my FIRE target of DKK 2,500,000. This is -0.2 percentage points closer, compared to the last net worth update.

DKK 673,805 FIRE target: DKK 2,500,000


27.0%

FI portfolio

My FI portfolio now consists of DKK 463,477 (68.8%) in investments, DKK 98,277 (14.6%) in retirement accounts, and DKK 112,051 (16.6%) in cash.

Investments

Since my last update, my investments decreased with DKK -16,302 (-3.4%), 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 decreased with DKK -3,682 (-3.61%), 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 2,246 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,246/month
(4.0% SWR)
1,965/month
(3.5% SWR)
1,684/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 6 years and 0 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another DKK 1,185,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 641,195


Financial independence forecast