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Net worth update per


This is Rentier's #22 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 13,311,550 and my FI portfolio decreased to DKK 9,325,250


Net worth

DKK 13,311,550

Since the last update on my net worth has decreased with DKK -159,350 ( -1.18 %).

FI portfolio

DKK 9,325,250

Since the last update on my FI portfolio has decreased with DKK -160,450 ( -1.69 %).

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 109,400 +127,850 237,250
Investments 7,121,600 -252,100 6,869,500
Retirement acc 2,254,700 -36,200 2,218,500
Real estate 5,300,000 0 5,300,000
Other assets 0 0 0
Total assets 14,785,700 -160,450 14,625,250

Mortgage 1,314,800 -1,100 1,313,700
Other debt 0 0 0
Total debt 1,314,800 -1,100 1,313,700
Change
Cash 65,500 +171,750 237,250
Investments 6,771,275 +98,225 6,869,500
Retirement acc 1,948,700 +269,800 2,218,500
Real estate 5,000,000 + 300,000 5,300,000
Other assets 0 0 0
Total assets 13,785,475 +839,775 14,625,250

Mortgage 1,315,800 -2,100 1,313,700
Other debt 0 0 0
Total debt 1,315,800 -2,100 1,313,700
Change
Cash 50,000 +187,250 237,250
Investments 3,651,000 +3,218,500 6,869,500
Retirement acc 1,417,000 +801,500 2,218,500
Real estate 4,300,000 + 1,000,000 5,300,000
Other assets 0 0 0
Total assets 9,418,000 +5,207,250 14,625,250

Mortgage 1,595,000 -281,300 1,313,700
Other debt 0 0 0
Total debt 1,595,000 -281,300 1,313,700

I am now 62.2% on my way to achive my FIRE target of DKK 15,000,000. This is -1.1 percentage points closer, compared to the last net worth update.

DKK 9,325,250 FIRE target: DKK 15,000,000


62.2%

FI portfolio

My FI portfolio now consists of DKK 6,869,500 (73.7%) in investments, DKK 2,218,500 (23.8%) in retirement accounts, and DKK 237,250 (2.5%) in cash.

Investments

Since my last update, my investments decreased with DKK -252,100 (-3.54%).

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -36,200 (-1.61%).




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

If I quit working today, my monthly pay out would be DKK 31,084 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
31,084/month
(4.0% SWR)
27,198/month
(3.5% SWR)
23,313/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 650,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 5,024,750


Financial independence forecast