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Net worth update per


This is BuGBlast's #33 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 2,102,235 and my FI portfolio decreased to DKK 1,052,235


Net worth

DKK 2,102,235

Since the last update on my net worth has decreased with DKK -12,592 ( -0.6 %).

FI portfolio

DKK 1,052,235

Since the last update on my FI portfolio has decreased with DKK -12,592 ( -1.18 %).

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 130,547 -15,115 115,432
Investments 738,960 +3,635 742,595
Retirement acc 195,320 -1,112 194,208
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,614,827 -12,592 3,602,235

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000
Change
Cash 114,895 +537 115,432
Investments 645,565 +97,030 742,595
Retirement acc 172,755 +21,453 194,208
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,483,215 +119,020 3,602,235

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000
Change
Cash 110,390 +5,042 115,432
Investments 324,095 +418,500 742,595
Retirement acc 119,802 +74,406 194,208
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,104,287 +497,948 3,602,235

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000

I am now 15.0% on my way to achive my FIRE target of DKK 7,000,000. This is -0.2 percentage points closer, compared to the last net worth update.

DKK 1,052,235 FIRE target: DKK 7,000,000


15.0%

FI portfolio

My FI portfolio now consists of DKK 742,595 (70.6%) in investments, DKK 194,208 (18.5%) in retirement accounts, and DKK 115,432 (11.0%) in cash.

Investments

Since my last update, my investments increased with DKK 3,635 (0.49%), of which DKK 10,000 was from contributions, and DKK -112,237 was from returns.

Since I started tracking, my total contributions have been DKK 440,000, and my total return has been DKK 100,945.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -1,112 (-0.57%), of which DKK 2,000 was from contributions , and DKK -20,083 was from returns.

Since I started tracking, my total contributions have been DKK 86,000, and my total return is DKK 8,391.




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

If I quit working today, my monthly pay out would be DKK 3,507 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,507/month
(4.0% SWR)
3,069/month
(3.5% SWR)
2,630/month
(3.0% SWR)


When can I retire?

FI date

My age

47

I am currently aiming to save/invest approximately DKK 12,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 7,000,000 in 11 years and 6 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another DKK 1,812,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 4,135,765


Financial independence forecast