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Net worth update per


This is Yohemming's #52 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,100,222 and my FI portfolio increased to DKK 1,011,515


Net worth

DKK 2,100,222

Since the last update on my net worth has increased with DKK 67,499 (+ 3.32 %).

FI portfolio

DKK 1,011,515

Since the last update on my FI portfolio has increased with DKK 62,329 (+ 6.57 %).

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 103,000 +1,000 104,000
Investments 714,634 +56,719 771,353
Retirement acc 131,552 +4,610 136,162
Real estate 3,000,000 0 3,000,000
Other assets 258,795 0 258,795
Total assets 4,207,981 +62,329 4,270,310

Mortgage 2,031,819 -2,514 2,029,305
Other debt 143,439 -2,656 140,783
Total debt 2,175,258 -5,170 2,170,088
Change
Cash 100,660 +3,340 104,000
Investments 625,682 +145,671 771,353
Retirement acc 108,054 +28,108 136,162
Real estate 3,000,000 0 3,000,000
Other assets 258,795 0 258,795
Total assets 4,093,191 +177,119 4,270,310

Mortgage 2,031,819 -2,514 2,029,305
Other debt 148,751 -7,968 140,783
Total debt 2,180,570 -10,482 2,170,088
Change
Cash 55,011 +48,989 104,000
Investments 0 +771,353 771,353
Retirement acc 0 +136,162 136,162
Real estate 2,645,000 + 355,000 3,000,000
Other assets 0 + 258,795 258,795
Total assets 2,700,011 +1,570,299 4,270,310

Mortgage 2,095,516 -66,211 2,029,305
Other debt 0 + 140,783 140,783
Total debt 2,095,516 + 74,572 2,170,088

I am now 40.5% 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 1,011,515 FIRE target: DKK 2,500,000


40.5%

FI portfolio

My FI portfolio now consists of DKK 771,353 (76.3%) in investments, DKK 136,162 (13.5%) in retirement accounts, and DKK 104,000 (10.3%) in cash.

Investments

Since my last update, my investments increased with DKK 56,719 (7.94%), of which DKK 4,000 was from contributions, and DKK 52,719 was from returns.

Since I started tracking, my total contributions have been DKK 576,441, and my total return has been DKK 194,912.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 4,610 (3.5%), of which DKK 4,400 was from contributions , and DKK 210 was from returns.

Since I started tracking, my total contributions have been DKK 124,163, and my total return is DKK 11,999.




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

If I quit working today, my monthly pay out would be DKK 3,371 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,371/month
(4.0% SWR)
2,950/month
(3.5% SWR)
2,528/month
(3.0% SWR)


When can I retire?

FI date

My age

35

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 11 months, in , and at that time I will be 35 years old.

By that time I will have invested/saved another DKK 915,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 573,485


Financial independence forecast