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Net worth update per


This is Kiss2417's #8 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 839,232 and my FI portfolio decreased to DKK 794,162


Net worth

DKK 839,232

Since the last update on my net worth has increased with DKK 33,771 (+ 4.19 %).

FI portfolio

DKK 794,162

Since the last update on my FI portfolio has decreased with DKK -13,833 ( -1.71 %).

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 89,180 -20,377 68,803
Investments 375,907 -683 375,224
Retirement acc 342,908 +7,227 350,135
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,007,995 -13,833 1,994,162

Mortgage 949,000 -6,904 942,096
Other debt 253,534 -40,700 212,834
Total debt 1,202,534 -47,604 1,154,930
Change
Cash 40,113 +28,690 68,803
Investments 314,690 +60,534 375,224
Retirement acc 232,760 +117,375 350,135
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 597,563 +1,396,599 1,994,162

Mortgage 0 942,096 942,096
Other debt 163,000 + 49,834 212,834
Total debt 163,000 + 991,930 1,154,930
Change
Cash 24,268 +44,535 68,803
Investments 304,105 +71,119 375,224
Retirement acc 232,760 +117,375 350,135
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 571,133 +1,423,029 1,994,162

Mortgage 0 942,096 942,096
Other debt 163,000 + 49,834 212,834
Total debt 163,000 + 991,930 1,154,930

I am now 15.9% on my way to achive my FIRE target of DKK 5,000,000. This is -0.3 percentage points closer, compared to the last net worth update.

DKK 794,162 FIRE target: DKK 5,000,000


15.9%

FI portfolio

My FI portfolio now consists of DKK 375,224 (47.2%) in investments, DKK 350,135 (44.1%) in retirement accounts, and DKK 68,803 (8.7%) in cash.

Investments

Since my last update, my investments decreased with DKK -683 (-0.18%), 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 7,227 (2.11%), 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 2,647 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,647/month
(4.0% SWR)
2,316/month
(3.5% SWR)
1,985/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 9 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another DKK 625,100, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,580,738


Financial independence forecast