Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is FrankTheTank's #11 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,517,653 and my FI portfolio increased to DKK 2,332,053


Net worth

DKK 2,517,653

Since the last update on my net worth has increased with DKK 143,298 (+ 6.04 %).

FI portfolio

DKK 2,332,053

Since the last update on my FI portfolio has increased with DKK 64,247 (+ 2.83 %).

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 277,000 +500 277,500
Investments 967,788 +25,792 993,580
Retirement acc 1,023,018 +37,955 1,060,973
Real estate 1,900,000 0 1,900,000
Other assets 0 0 0
Total assets 4,167,806 +64,247 4,232,053

Mortgage 1,669,071 11,329 1,680,400
Other debt 124,380 -90,380 34,000
Total debt 1,793,451 -79,051 1,714,400
Change
Cash 275,000 +2,500 277,500
Investments 784,400 +209,180 993,580
Retirement acc 860,700 +200,273 1,060,973
Real estate 1,900,000 0 1,900,000
Other assets 0 0 0
Total assets 3,820,100 +411,953 4,232,053

Mortgage 1,741,800 -61,400 1,680,400
Other debt 106,000 -72,000 34,000
Total debt 1,847,800 -133,400 1,714,400
Change
Cash 229,000 +48,500 277,500
Investments 746,000 +247,580 993,580
Retirement acc 789,720 +271,253 1,060,973
Real estate 1,900,000 0 1,900,000
Other assets 0 0 0
Total assets 3,664,720 +567,333 4,232,053

Mortgage 1,740,300 -59,900 1,680,400
Other debt 52,000 -18,000 34,000
Total debt 1,792,300 -77,900 1,714,400

I am now 9.3% on my way to achive my FIRE target of DKK 25,000,000. This is 0.3 percentage points closer, compared to the last net worth update.

DKK 2,332,053 FIRE target: DKK 25,000,000


9.3%

FI portfolio

My FI portfolio now consists of DKK 993,580 (42.6%) in investments, DKK 1,060,973 (45.5%) in retirement accounts, and DKK 277,500 (11.9%) in cash.

Investments

Since my last update, my investments increased with DKK 25,792 (2.67%).

Retirement accounts

Since my last update, my retirement accounts increased with DKK 37,955 (3.71%).




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

If I quit working today, my monthly pay out would be DKK 7,773 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
7,773/month
(4.0% SWR)
6,801/month
(3.5% SWR)
5,830/month
(3.0% SWR)


When can I retire?

FI date

My age

55

I am currently aiming to save/invest approximately DKK 21,000 each month.

Assuming an annual return of 9% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 25,000,000 in 18 years and 5 months, in , and at that time I will be 55 years old.

By that time I will have invested/saved another DKK 4,872,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 17,795,947


Financial independence forecast