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Net worth update per


This is Andersson's #38 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 4,041,000 and my FI portfolio increased to DKK 1,965,000


Net worth

DKK 4,041,000

Since the last update on my net worth has increased with DKK 107,000 (+ 2.72 %).

FI portfolio

DKK 1,965,000

Since the last update on my FI portfolio has increased with DKK 107,000 (+ 5.76 %).

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 15,000 +16,000 31,000
Investments 718,000 +55,000 773,000
Retirement acc 1,125,000 +36,000 1,161,000
Real estate 4,200,000 0 4,200,000
Other assets 0 0 0
Total assets 6,058,000 +107,000 6,165,000

Mortgage 2,114,000 0 2,114,000
Other debt 10,000 0 10,000
Total debt 2,124,000 0 2,124,000
Change
Cash 35,000 -4,000 31,000
Investments 652,000 +121,000 773,000
Retirement acc 997,500 +163,500 1,161,000
Real estate 4,200,000 0 4,200,000
Other assets 0 0 0
Total assets 5,884,500 +280,500 6,165,000

Mortgage 2,114,000 0 2,114,000
Other debt 10,000 0 10,000
Total debt 2,124,000 0 2,124,000
Change
Cash 250,000 -219,000 31,000
Investments 0 +773,000 773,000
Retirement acc 204,000 +957,000 1,161,000
Real estate 650,000 + 3,550,000 4,200,000
Other assets 0 0 0
Total assets 1,104,000 +5,061,000 6,165,000

Mortgage 0 2,114,000 2,114,000
Other debt 500,000 -490,000 10,000
Total debt 500,000 + 1,624,000 2,124,000

I am now 12.3% on my way to achive my FIRE target of DKK 16,000,000. This is 0.7 percentage points closer, compared to the last net worth update.

DKK 1,965,000 FIRE target: DKK 16,000,000


12.3%

FI portfolio

My FI portfolio now consists of DKK 773,000 (39.3%) in investments, DKK 1,161,000 (59.1%) in retirement accounts, and DKK 31,000 (1.6%) in cash.

Investments

Since my last update, my investments increased with DKK 55,000 (7.66%).

Retirement accounts

Since my last update, my retirement accounts increased with DKK 36,000 (3.2%).




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

If I quit working today, my monthly pay out would be DKK 6,550 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
6,550/month
(4.0% SWR)
5,731/month
(3.5% SWR)
4,912/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately DKK 26,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 16,000,000 in 12 years and 4 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another DKK 4,160,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 9,875,000


Financial independence forecast