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Net worth update per


This is Udbyttejæger's #11 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,863,900 and my FI portfolio increased to DKK 1,456,100


Net worth

DKK 2,863,900

Since the last update on my net worth has increased with DKK 168,100 (+ 6.24 %).

FI portfolio

DKK 1,456,100

Since the last update on my FI portfolio has increased with DKK 88,500 (+ 6.47 %).

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 217,800 +6,300 224,100
Investments 675,100 +53,300 728,400
Retirement acc 474,700 +28,900 503,600
Real estate 1,200,000 0 1,200,000
Other assets 927,800 + 79,600 1,007,400
Total assets 3,495,400 +168,100 3,663,500

Mortgage 799,600 0 799,600
Other debt 0 0 0
Total debt 799,600 0 799,600
Change
Cash 178,300 +45,800 224,100
Investments 613,100 +115,300 728,400
Retirement acc 453,700 +49,900 503,600
Real estate 1,200,000 0 1,200,000
Other assets 967,100 + 40,300 1,007,400
Total assets 3,412,200 +251,300 3,663,500

Mortgage 823,000 -23,400 799,600
Other debt 0 0 0
Total debt 823,000 -23,400 799,600
Change
Cash 178,300 +45,800 224,100
Investments 613,100 +115,300 728,400
Retirement acc 453,700 +49,900 503,600
Real estate 1,200,000 0 1,200,000
Other assets 967,100 + 40,300 1,007,400
Total assets 3,412,200 +251,300 3,663,500

Mortgage 823,000 -23,400 799,600
Other debt 0 0 0
Total debt 823,000 -23,400 799,600

I am now 29.1% on my way to achive my FIRE target of DKK 5,000,000. This is 1.8 percentage points closer, compared to the last net worth update.

DKK 1,456,100 FIRE target: DKK 5,000,000


29.1%

FI portfolio

My FI portfolio now consists of DKK 728,400 (50.0%) in investments, DKK 503,600 (34.6%) in retirement accounts, and DKK 224,100 (15.4%) in cash.

Investments

Since my last update, my investments increased with DKK 53,300 (7.9%), of which DKK 9,800 was from contributions, and DKK 29,100 was from returns.

Since I started tracking, my total contributions have been DKK 157,200, and my total return has been DKK -3,000.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 28,900 (6.09%), of which DKK 5,000 was from contributions , and DKK 20,300 was from returns.

Since I started tracking, my total contributions have been DKK 55,000, and my total return is DKK 20,200.




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

If I quit working today, my monthly pay out would be DKK 4,853 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,853/month
(4.0% SWR)
4,246/month
(3.5% SWR)
3,640/month
(3.0% SWR)


When can I retire?

FI date

My age

57

I am currently aiming to save/invest approximately DKK 7,000 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 12 years and 3 months, in , and at that time I will be 57 years old.

By that time I will have invested/saved another DKK 1,071,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 2,472,900


Financial independence forecast