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Net worth update per


This is Kiss2417's #5 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 691,066 and my FI portfolio increased to DKK 821,066


Net worth

DKK 691,066

Since the last update on my net worth has increased with DKK 65,696 (+ 10.51 %).

FI portfolio

DKK 821,066

Since the last update on my FI portfolio has increased with DKK 45,696 (+ 5.89 %).

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 35,764 +44,499 80,263
Investments 471,378 -30,123 441,255
Retirement acc 268,228 +31,320 299,548
Real estate 0 0 0
Other assets 10,000 0 10,000
Total assets 785,370 +45,696 831,066

Mortgage 0 0 0
Other debt 160,000 -20,000 140,000
Total debt 160,000 -20,000 140,000
Change
Cash 40,113 +40,150 80,263
Investments 314,690 +126,565 441,255
Retirement acc 232,760 +66,788 299,548
Real estate 0 0 0
Other assets 10,000 0 10,000
Total assets 597,563 +233,503 831,066

Mortgage 0 0 0
Other debt 163,000 -23,000 140,000
Total debt 163,000 -23,000 140,000
Change
Cash 24,268 +55,995 80,263
Investments 304,105 +137,150 441,255
Retirement acc 232,760 +66,788 299,548
Real estate 0 0 0
Other assets 10,000 0 10,000
Total assets 571,133 +259,933 831,066

Mortgage 0 0 0
Other debt 163,000 -23,000 140,000
Total debt 163,000 -23,000 140,000

I am now 16.4% on my way to achive my FIRE target of DKK 5,000,000. This is 0.9 percentage points closer, compared to the last net worth update.

DKK 821,066 FIRE target: DKK 5,000,000


16.4%

FI portfolio

My FI portfolio now consists of DKK 441,255 (53.7%) in investments, DKK 299,548 (36.5%) in retirement accounts, and DKK 80,263 (9.8%) in cash.

Investments

Since my last update, my investments decreased with DKK -30,123 (-6.39%).

Since I started tracking, my total contributions have been DKK 11,750, and my total return has been DKK 163,595.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 31,320 (11.68%).

Since I started tracking, my total contributions have been DKK 20,115, and my total return is DKK 140,699.




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

If I quit working today, my monthly pay out would be DKK 2,736 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
2,736/month
(4.0% SWR)
2,394/month
(3.5% SWR)
2,052/month
(3.0% SWR)


When can I retire?

FI date

My age

53

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 18 years and 11 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another DKK 618,050, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,560,884


Financial independence forecast