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Net worth update per


This is Rentier's #19 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 12,748,720 and my FI portfolio decreased to DKK 9,063,520


Net worth

DKK 12,748,720

Since the last update on my net worth has decreased with DKK -127,455 ( -0.99 %).

FI portfolio

DKK 9,063,520

Since the last update on my FI portfolio has decreased with DKK -127,455 ( -1.39 %).

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 67,450 -30,000 37,450
Investments 7,073,875 -170,225 6,903,650
Retirement acc 2,049,650 +72,770 2,122,420
Real estate 5,000,000 0 5,000,000
Other assets 0 0 0
Total assets 14,190,975 -127,455 14,063,520

Mortgage 1,314,800 0 1,314,800
Other debt 0 0 0
Total debt 1,314,800 0 1,314,800
Change
Cash 65,500 -28,050 37,450
Investments 6,771,275 +132,375 6,903,650
Retirement acc 1,948,700 +173,720 2,122,420
Real estate 5,000,000 0 5,000,000
Other assets 0 0 0
Total assets 13,785,475 +278,045 14,063,520

Mortgage 1,315,800 -1,000 1,314,800
Other debt 0 0 0
Total debt 1,315,800 -1,000 1,314,800
Change
Cash 50,000 -12,550 37,450
Investments 3,651,000 +3,252,650 6,903,650
Retirement acc 1,417,000 +705,420 2,122,420
Real estate 4,300,000 + 700,000 5,000,000
Other assets 0 0 0
Total assets 9,418,000 +4,645,520 14,063,520

Mortgage 1,595,000 -280,200 1,314,800
Other debt 0 0 0
Total debt 1,595,000 -280,200 1,314,800

I am now 60.4% on my way to achive my FIRE target of DKK 15,000,000. This is -0.8 percentage points closer, compared to the last net worth update.

DKK 9,063,520 FIRE target: DKK 15,000,000


60.4%

FI portfolio

My FI portfolio now consists of DKK 6,903,650 (76.2%) in investments, DKK 2,122,420 (23.4%) in retirement accounts, and DKK 37,450 (0.4%) in cash.

Investments

Since my last update, my investments decreased with DKK -170,225 (-2.41%).

Retirement accounts

Since my last update, my retirement accounts increased with DKK 72,770 (3.55%).




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

If I quit working today, my monthly pay out would be DKK 30,211 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
30,211/month
(4.0% SWR)
26,435/month
(3.5% SWR)
22,658/month
(3.0% SWR)


When can I retire?

FI date

My age

53

I am currently aiming to save/invest approximately DKK 10,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 15,000,000 in 4 years and 4 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another DKK 680,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 5,256,480


Financial independence forecast