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Net worth update per


This is Kiss2417's #6 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 756,291 and my FI portfolio decreased to DKK 769,625


Net worth

DKK 756,291

Since the last update on my net worth has increased with DKK 65,225 (+ 9.44 %).

FI portfolio

DKK 769,625

Since the last update on my FI portfolio has decreased with DKK -51,441 ( -6.27 %).

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 80,263 -18,864 61,399
Investments 441,255 -54,712 386,543
Retirement acc 299,548 +22,135 321,683
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 831,066 +1,138,559 1,969,625

Mortgage 0 949,000 949,000
Other debt 140,000 + 124,334 264,334
Total debt 140,000 + 1,073,334 1,213,334
Change
Cash 40,113 +21,286 61,399
Investments 314,690 +71,853 386,543
Retirement acc 232,760 +88,923 321,683
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 597,563 +1,372,062 1,969,625

Mortgage 0 949,000 949,000
Other debt 163,000 + 101,334 264,334
Total debt 163,000 + 1,050,334 1,213,334
Change
Cash 24,268 +37,131 61,399
Investments 304,105 +82,438 386,543
Retirement acc 232,760 +88,923 321,683
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 571,133 +1,398,492 1,969,625

Mortgage 0 949,000 949,000
Other debt 163,000 + 101,334 264,334
Total debt 163,000 + 1,050,334 1,213,334

I am now 15.4% on my way to achive my FIRE target of DKK 5,000,000. This is -1.0 percentage points closer, compared to the last net worth update.

DKK 769,625 FIRE target: DKK 5,000,000


15.4%

FI portfolio

My FI portfolio now consists of DKK 386,543 (50.2%) in investments, DKK 321,683 (41.8%) in retirement accounts, and DKK 61,399 (8.0%) in cash.

Investments

Since my last update, my investments decreased with DKK -54,712 (-12.4%), 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 increased with DKK 22,135 (7.39%), 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 2,565 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,565/month
(4.0% SWR)
2,244/month
(3.5% SWR)
1,924/month
(3.0% SWR)


When can I retire?

FI date

My age

54

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 19 years and 10 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another DKK 632,150, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,598,225


Financial independence forecast