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Net worth update per


This is Yohemming's #56 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 2,147,073 and my FI portfolio increased to DKK 1,083,996


Net worth

DKK 2,147,073

Since the last update on my net worth has decreased with DKK -22,466 ( -1.04 %).

FI portfolio

DKK 1,083,996

Since the last update on my FI portfolio has increased with DKK 13,673 (+ 1.28 %).

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 90,000 0 90,000
Investments 846,118 +14,226 860,344
Retirement acc 134,205 -553 133,652
Real estate 3,000,000 0 3,000,000
Other assets 258,795 -38,795 220,000
Total assets 4,329,118 -25,122 4,303,996

Mortgage 2,026,764 0 2,026,764
Other debt 132,815 -2,656 130,159
Total debt 2,159,579 -2,656 2,156,923
Change
Cash 100,660 -10,660 90,000
Investments 625,682 +234,662 860,344
Retirement acc 108,054 +25,598 133,652
Real estate 3,000,000 0 3,000,000
Other assets 258,795 -38,795 220,000
Total assets 4,093,191 +210,805 4,303,996

Mortgage 2,031,819 -5,055 2,026,764
Other debt 148,751 -18,592 130,159
Total debt 2,180,570 -23,647 2,156,923
Change
Cash 55,011 +34,989 90,000
Investments 0 +860,344 860,344
Retirement acc 0 +133,652 133,652
Real estate 2,645,000 + 355,000 3,000,000
Other assets 0 + 220,000 220,000
Total assets 2,700,011 +1,603,985 4,303,996

Mortgage 2,095,516 -68,752 2,026,764
Other debt 0 + 130,159 130,159
Total debt 2,095,516 + 61,407 2,156,923

I am now 43.4% on my way to achive my FIRE target of DKK 2,500,000. This is 0.5 percentage points closer, compared to the last net worth update.

DKK 1,083,996 FIRE target: DKK 2,500,000


43.4%

FI portfolio

My FI portfolio now consists of DKK 860,344 (79.4%) in investments, DKK 133,652 (12.3%) in retirement accounts, and DKK 90,000 (8.3%) in cash.

Investments

Since my last update, my investments increased with DKK 14,226 (1.68%), of which DKK 19,000 was from contributions, and DKK -26,620 was from returns.

Since I started tracking, my total contributions have been DKK 719,705, and my total return has been DKK 208,628.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -553 (-0.41%).

Since I started tracking, my total contributions have been DKK 123,653, and my total return is DKK 16,612.




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

If I quit working today, my monthly pay out would be DKK 3,613 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,613/month
(4.0% SWR)
3,161/month
(3.5% SWR)
2,709/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 3 years and 10 months, in , and at that time I will be 35 years old.

By that time I will have invested/saved another DKK 855,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 561,004


Financial independence forecast