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Net worth update per


This is Yohemming's #51 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,025,179 and my FI portfolio increased to DKK 941,642


Net worth

DKK 2,025,179

Since the last update on my net worth has increased with DKK 65,785 (+ 3.36 %).

FI portfolio

DKK 941,642

Since the last update on my FI portfolio has increased with DKK 63,129 (+ 7.19 %).

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 102,000 +1,000 103,000
Investments 656,743 +57,891 714,634
Retirement acc 119,770 +4,238 124,008
Real estate 3,000,000 0 3,000,000
Other assets 258,795 0 258,795
Total assets 4,137,308 +63,129 4,200,437

Mortgage 2,031,819 0 2,031,819
Other debt 146,095 -2,656 143,439
Total debt 2,177,914 -2,656 2,175,258
Change
Cash 100,660 +2,340 103,000
Investments 625,682 +88,952 714,634
Retirement acc 108,054 +15,954 124,008
Real estate 3,000,000 0 3,000,000
Other assets 258,795 0 258,795
Total assets 4,093,191 +107,246 4,200,437

Mortgage 2,031,819 0 2,031,819
Other debt 148,751 -5,312 143,439
Total debt 2,180,570 -5,312 2,175,258
Change
Cash 55,011 +47,989 103,000
Investments 0 +714,634 714,634
Retirement acc 0 +124,008 124,008
Real estate 2,645,000 + 355,000 3,000,000
Other assets 0 + 258,795 258,795
Total assets 2,700,011 +1,500,426 4,200,437

Mortgage 2,095,516 -63,697 2,031,819
Other debt 0 + 143,439 143,439
Total debt 2,095,516 + 79,742 2,175,258

I am now 37.7% on my way to achive my FIRE target of DKK 2,500,000. This is 2.5 percentage points closer, compared to the last net worth update.

DKK 941,642 FIRE target: DKK 2,500,000


37.7%

FI portfolio

My FI portfolio now consists of DKK 714,634 (75.9%) in investments, DKK 124,008 (13.2%) in retirement accounts, and DKK 103,000 (10.9%) in cash.

Investments

Since my last update, my investments increased with DKK 57,891 (8.81%), of which DKK 19,000 was from contributions, and DKK -26,620 was from returns.

Since I started tracking, my total contributions have been DKK 719,705, and my total return has been DKK 208,628.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 4,238 (3.54%).

Since I started tracking, my total contributions have been DKK 123,653, and my total return is DKK 16,612.




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

If I quit working today, my monthly pay out would be DKK 3,138 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,138/month
(4.0% SWR)
2,746/month
(3.5% SWR)
2,354/month
(3.0% SWR)


When can I retire?

FI date

My age

36

I am currently aiming to save/invest approximately DKK 15,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 2,500,000 in 4 years and 1 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another DKK 975,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 583,358


Financial independence forecast