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Net worth update per


This is Kiss2417's #4 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 625,370 and my FI portfolio increased to DKK 775,370


Net worth

DKK 625,370

Since the last update on my net worth has increased with DKK 149,053 (+ 31.29 %).

FI portfolio

DKK 775,370

Since the last update on my FI portfolio has increased with DKK 146,053 (+ 23.21 %).

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 2,884 +32,880 35,764
Investments 383,587 +87,791 471,378
Retirement acc 242,846 +25,382 268,228
Real estate 0 0 0
Other assets 10,000 0 10,000
Total assets 639,317 +146,053 785,370

Mortgage 0 0 0
Other debt 163,000 -3,000 160,000
Total debt 163,000 -3,000 160,000
Change
Cash 40,113 -4,349 35,764
Investments 314,690 +156,688 471,378
Retirement acc 232,760 +35,468 268,228
Real estate 0 0 0
Other assets 10,000 0 10,000
Total assets 597,563 +187,807 785,370

Mortgage 0 0 0
Other debt 163,000 -3,000 160,000
Total debt 163,000 -3,000 160,000
Change
Cash 24,268 +11,496 35,764
Investments 304,105 +167,273 471,378
Retirement acc 232,760 +35,468 268,228
Real estate 0 0 0
Other assets 10,000 0 10,000
Total assets 571,133 +214,237 785,370

Mortgage 0 0 0
Other debt 163,000 -3,000 160,000
Total debt 163,000 -3,000 160,000

I am now 15.5% on my way to achive my FIRE target of DKK 5,000,000. This is 2.9 percentage points closer, compared to the last net worth update.

DKK 775,370 FIRE target: DKK 5,000,000


15.5%

FI portfolio

My FI portfolio now consists of DKK 471,378 (60.8%) in investments, DKK 268,228 (34.6%) in retirement accounts, and DKK 35,764 (4.6%) in cash.

Investments

Since my last update, my investments increased with DKK 87,791 (22.89%), of which DKK 4,000 was from contributions, and DKK -55,279 was from returns.

Since I started tracking, my total contributions have been DKK 51,850, and my total return has been DKK 135,150.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 25,382 (10.45%), of which DKK 4,993 was from contributions , and DKK -29,531 was from returns.

Since I started tracking, my total contributions have been DKK 89,783, and my total return is DKK 131,872.




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

If I quit working today, my monthly pay out would be DKK 2,584 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,584/month
(4.0% SWR)
2,261/month
(3.5% SWR)
1,938/month
(3.0% SWR)


When can I retire?

FI date

My age

51

I am currently aiming to save/invest approximately DKK 3,350 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 16 years and 4 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another DKK 827,450, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,397,180


Financial independence forecast