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Net worth update per


This is Kiss2417's #28 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 957,954 and my FI portfolio decreased to DKK 772,592


Net worth

DKK 957,954

Since the last update on my net worth has decreased with DKK -9,507 ( -0.98 %).

FI portfolio

DKK 772,592

Since the last update on my FI portfolio has decreased with DKK -27,007 ( -3.38 %).

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 47,273 -6,245 41,028
Investments 424,771 -12,524 412,247
Retirement acc 327,555 -8,238 319,317
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 1,999,599 -27,007 1,972,592

Mortgage 896,338 0 896,338
Other debt 135,800 -17,500 118,300
Total debt 1,032,138 -17,500 1,014,638
Change
Cash 94,846 -53,818 41,028
Investments 370,966 +41,281 412,247
Retirement acc 295,955 +23,362 319,317
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 1,961,767 +10,825 1,972,592

Mortgage 910,777 -14,439 896,338
Other debt 137,168 -18,868 118,300
Total debt 1,047,945 -33,307 1,014,638
Change
Cash 24,268 +16,760 41,028
Investments 304,105 +108,142 412,247
Retirement acc 232,760 +86,557 319,317
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 571,133 +1,401,459 1,972,592

Mortgage 0 896,338 896,338
Other debt 163,000 -44,700 118,300
Total debt 163,000 + 851,638 1,014,638

I am now 15.5% on my way to achive my FIRE target of DKK 5,000,000. This is -0.5 percentage points closer, compared to the last net worth update.

DKK 772,592 FIRE target: DKK 5,000,000


15.5%

FI portfolio

My FI portfolio now consists of DKK 412,247 (53.4%) in investments, DKK 319,317 (41.3%) in retirement accounts, and DKK 41,028 (5.3%) in cash.

Investments

Since my last update, my investments decreased with DKK -12,524 (-2.95%), of which DKK 3,350 was from contributions, and DKK 13,770 was from returns.

Since I started tracking, my total contributions have been DKK 15,100, and my total return has been DKK 177,365.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -8,238 (-2.51%), of which DKK 17,755 was from contributions , and DKK -7,303 was from returns.

Since I started tracking, my total contributions have been DKK 37,870, and my total return is DKK 133,396.




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

If I quit working today, my monthly pay out would be DKK 2,575 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,575/month
(4.0% SWR)
2,253/month
(3.5% SWR)
1,931/month
(3.0% SWR)


When can I retire?

FI date

My age

56

I am currently aiming to save/invest approximately DKK 2,350 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 21 years and 8 months, in , and at that time I will be 56 years old.

By that time I will have invested/saved another DKK 627,450, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,599,958


Financial independence forecast