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Net worth update per


This is SvendSvin's #36 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 6,016,167 and my FI portfolio increased to DKK 4,156,199


Net worth

DKK 6,016,167

Since the last update on my net worth has increased with DKK 308,870 (+ 5.41 %).

FI portfolio

DKK 4,156,199

Since the last update on my FI portfolio has increased with DKK 299,272 (+ 7.76 %).

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 96,058 -4,139 91,919
Investments 2,417,597 +236,237 2,653,834
Retirement acc 1,343,272 +67,174 1,410,446
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 7,706,927 +299,272 8,006,199

Mortgage 1,999,630 -9,598 1,990,032
Other debt 0 0 0
Total debt 1,999,630 -9,598 1,990,032
Change
Cash 156,470 -64,551 91,919
Investments 2,156,349 +497,485 2,653,834
Retirement acc 1,225,716 +184,730 1,410,446
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 7,388,535 +617,664 8,006,199

Mortgage 2,105,297 -115,265 1,990,032
Other debt 0 0 0
Total debt 2,105,297 -115,265 1,990,032
Change
Cash 58,425 +33,494 91,919
Investments 1,422,850 +1,230,984 2,653,834
Retirement acc 955,284 +455,162 1,410,446
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 6,286,559 +1,719,640 8,006,199

Mortgage 2,324,305 -334,273 1,990,032
Other debt 0 0 0
Total debt 2,324,305 -334,273 1,990,032

I am now 68.1% on my way to achive my FIRE target of DKK 6,100,000. This is 4.9 percentage points closer, compared to the last net worth update.

DKK 4,156,199 FIRE target: DKK 6,100,000


68.1%

FI portfolio

My FI portfolio now consists of DKK 2,653,834 (63.9%) in investments, DKK 1,410,446 (33.9%) in retirement accounts, and DKK 91,919 (2.2%) in cash.

Investments

Since my last update, my investments increased with DKK 236,237 (9.77%).

Since I started tracking, my total contributions have been DKK 811,489, and my total return has been DKK 762,234.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 67,174 (5.0%).

Since I started tracking, my total contributions have been DKK 255,889, and my total return is DKK 470,998.




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

If I quit working today, my monthly pay out would be DKK 13,853 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
13,853/month
(4.0% SWR)
12,122/month
(3.5% SWR)
10,390/month
(3.0% SWR)


When can I retire?

FI date

My age

47

I am currently aiming to save/invest approximately DKK 31,500 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 6,100,000 in 2 years and 0 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another DKK 945,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 998,801


Financial independence forecast