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Net worth update per


This is Kiss2417's #31 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,100,134 and my FI portfolio increased to DKK 890,250


Net worth

DKK 1,100,134

Since the last update on my net worth has increased with DKK 17,561 (+ 1.62 %).

FI portfolio

DKK 890,250

Since the last update on my FI portfolio has increased with DKK 12,353 (+ 1.41 %).

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 63,906 +11,351 75,257
Investments 457,328 -5,655 451,673
Retirement acc 356,663 +6,657 363,320
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,077,897 +12,353 2,090,250

Mortgage 892,338 0 892,338
Other debt 102,986 -5,208 97,778
Total debt 995,324 -5,208 990,116
Change
Cash 63,906 +11,351 75,257
Investments 457,328 -5,655 451,673
Retirement acc 356,663 +6,657 363,320
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,077,897 +12,353 2,090,250

Mortgage 892,338 0 892,338
Other debt 102,986 -5,208 97,778
Total debt 995,324 -5,208 990,116
Change
Cash 24,268 +50,989 75,257
Investments 304,105 +147,568 451,673
Retirement acc 232,760 +130,560 363,320
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 571,133 +1,519,117 2,090,250

Mortgage 0 892,338 892,338
Other debt 163,000 -65,222 97,778
Total debt 163,000 + 827,116 990,116

I am now 17.8% on my way to achive my FIRE target of DKK 5,000,000. This is 0.2 percentage points closer, compared to the last net worth update.

DKK 890,250 FIRE target: DKK 5,000,000


17.8%

FI portfolio

My FI portfolio now consists of DKK 451,673 (50.7%) in investments, DKK 363,320 (40.8%) in retirement accounts, and DKK 75,257 (8.5%) in cash.

Investments

Since my last update, my investments decreased with DKK -5,655 (-1.24%), 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 6,657 (1.87%), 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 2,967 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,967/month
(4.0% SWR)
2,596/month
(3.5% SWR)
2,225/month
(3.0% SWR)


When can I retire?

FI date

My age

55

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 20 years and 9 months, in , and at that time I will be 55 years old.

By that time I will have invested/saved another DKK 594,550, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,515,200


Financial independence forecast