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Net worth update per


This is Kiss2417's #26 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 987,088 and my FI portfolio decreased to DKK 823,302


Net worth

DKK 987,088

Since the last update on my net worth has decreased with DKK -3,856 ( -0.39 %).

FI portfolio

DKK 823,302

Since the last update on my FI portfolio has decreased with DKK -2,856 ( -0.35 %).

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 89,075 -27,756 61,319
Investments 414,175 +14,309 428,484
Retirement acc 322,908 +10,591 333,499
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,026,158 -2,856 2,023,302

Mortgage 900,414 0 900,414
Other debt 134,800 + 1,000 135,800
Total debt 1,035,214 + 1,000 1,036,214
Change
Cash 94,846 -33,527 61,319
Investments 370,966 +57,518 428,484
Retirement acc 295,955 +37,544 333,499
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 1,961,767 +61,535 2,023,302

Mortgage 910,777 -10,363 900,414
Other debt 137,168 -1,368 135,800
Total debt 1,047,945 -11,731 1,036,214
Change
Cash 24,268 +37,051 61,319
Investments 304,105 +124,379 428,484
Retirement acc 232,760 +100,739 333,499
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 571,133 +1,452,169 2,023,302

Mortgage 0 900,414 900,414
Other debt 163,000 -27,200 135,800
Total debt 163,000 + 873,214 1,036,214

I am now 16.5% on my way to achive my FIRE target of DKK 5,000,000. This is -0.1 percentage points closer, compared to the last net worth update.

DKK 823,302 FIRE target: DKK 5,000,000


16.5%

FI portfolio

My FI portfolio now consists of DKK 428,484 (52.0%) in investments, DKK 333,499 (40.5%) in retirement accounts, and DKK 61,319 (7.4%) in cash.

Investments

Since my last update, my investments increased with DKK 14,309 (3.45%), of which DKK 4,000 was from contributions, and DKK -55,279 was from returns.

Since I started tracking, my total contributions have been DKK 51,850, and my total return has been DKK 135,150.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 10,591 (3.28%), of which DKK 4,993 was from contributions , and DKK -29,531 was from returns.

Since I started tracking, my total contributions have been DKK 89,783, and my total return is DKK 131,872.




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

If I quit working today, my monthly pay out would be DKK 2,744 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,744/month
(4.0% SWR)
2,401/month
(3.5% SWR)
2,058/month
(3.0% SWR)


When can I retire?

FI date

My age

54

I am currently aiming to save/invest approximately DKK 3,350 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 18 years and 6 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another DKK 814,050, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,362,648


Financial independence forecast