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Net worth update per



This is Klimahelt's #24 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,111,368 and my FI portfolio increased to DKK 702,218


Net worth

DKK 1,111,368

Since the last update on my net worth has increased with DKK 56,589 (+ 5.37 %).

FI portfolio

DKK 702,218

Since the last update on my FI portfolio has increased with DKK 46,894 (+ 7.16 %).

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.

I am now 8.4% on my way to achive my FIRE target of DKK 8,400,000. This is 0.6 percentage points closer, compared to the last net worth update.

DKK 702,218 FIRE target: DKK 8,400,000


8.4%


FI portfolio


My FI portfolio now consists of DKK 1 (0.0%) in investments, DKK 638,853 (91.0%) in retirement accounts, and DKK 63,364 (9.0%) in cash.

Investments

Since my last update, my investments decreased with DKK 0 (0.0%).

Retirement accounts

Since my last update, my retirement accounts increased with DKK 44,444 (7.48%), of which DKK 17,188 was from contributions , and DKK 17,572 was from returns.

Since I started tracking, my total contributions have been DKK 306,102, and my total return is DKK -24,815.




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


If I quit working today, my monthly pay out would be DKK 2,340 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,340/month
(4.0% SWR)
2,048/month
(3.5% SWR)
1,755/month
(3.0% SWR)


When can I retire?


FI date


My age

55

I am currently aiming to save/invest approximately DKK 20,000 each month.

Assuming an annual return of 5% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 8,400,000 in 17 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 4,240,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,457,782


Financial independence forecast