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Net worth update per


This is Kiss2417's #27 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 967,461 and my FI portfolio decreased to DKK 799,599


Net worth

DKK 967,461

Since the last update on my net worth has decreased with DKK -19,627 ( -1.99 %).

FI portfolio

DKK 799,599

Since the last update on my FI portfolio has decreased with DKK -23,703 ( -2.88 %).

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 61,319 -14,046 47,273
Investments 428,484 -3,713 424,771
Retirement acc 333,499 -5,944 327,555
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,023,302 -23,703 1,999,599

Mortgage 900,414 -4,076 896,338
Other debt 135,800 0 135,800
Total debt 1,036,214 -4,076 1,032,138
Change
Cash 94,846 -47,573 47,273
Investments 370,966 +53,805 424,771
Retirement acc 295,955 +31,600 327,555
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 1,961,767 +37,832 1,999,599

Mortgage 910,777 -14,439 896,338
Other debt 137,168 -1,368 135,800
Total debt 1,047,945 -15,807 1,032,138
Change
Cash 24,268 +23,005 47,273
Investments 304,105 +120,666 424,771
Retirement acc 232,760 +94,795 327,555
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 571,133 +1,428,466 1,999,599

Mortgage 0 896,338 896,338
Other debt 163,000 -27,200 135,800
Total debt 163,000 + 869,138 1,032,138

I am now 16.0% 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 799,599 FIRE target: DKK 5,000,000


16.0%

FI portfolio

My FI portfolio now consists of DKK 424,771 (53.1%) in investments, DKK 327,555 (41.0%) in retirement accounts, and DKK 47,273 (5.9%) in cash.

Investments

Since my last update, my investments decreased with DKK -3,713 (-0.87%), 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 -5,944 (-1.78%), 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 2,665 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,665/month
(4.0% SWR)
2,332/month
(3.5% SWR)
1,998/month
(3.0% SWR)


When can I retire?

FI date

My age

55

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 3 months, in , and at that time I will be 55 years old.

By that time I will have invested/saved another DKK 618,050, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,582,351


Financial independence forecast