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Net worth update per


This is SvendSvin's #45 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 7,018,676 and my FI portfolio decreased to DKK 5,072,394


Net worth

DKK 7,018,676

Since the last update on my net worth has decreased with DKK -1,806 ( -0.03 %).

FI portfolio

DKK 5,072,394

Since the last update on my FI portfolio has decreased with DKK -11,806 ( -0.23 %).

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 113,039 -85,039 28,000
Investments 3,206,063 +80,867 3,286,930
Retirement acc 1,765,098 -7,634 1,757,464
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 8,934,200 -11,806 8,922,394

Mortgage 1,913,718 -10,000 1,903,718
Other debt 0 0 0
Total debt 1,913,718 -10,000 1,903,718
Change
Cash 91,919 -63,919 28,000
Investments 2,653,834 +633,096 3,286,930
Retirement acc 1,410,446 +347,018 1,757,464
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 8,006,199 +916,195 8,922,394

Mortgage 1,990,032 -86,314 1,903,718
Other debt 0 0 0
Total debt 1,990,032 -86,314 1,903,718
Change
Cash 58,425 -30,425 28,000
Investments 1,422,850 +1,864,080 3,286,930
Retirement acc 955,284 +802,180 1,757,464
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 6,286,559 +2,635,835 8,922,394

Mortgage 2,324,305 -420,587 1,903,718
Other debt 0 0 0
Total debt 2,324,305 -420,587 1,903,718

I am now 80.5% on my way to achive my FIRE target of DKK 6,300,000. This is -0.2 percentage points closer, compared to the last net worth update.

DKK 5,072,394 FIRE target: DKK 6,300,000


80.5%

FI portfolio

My FI portfolio now consists of DKK 3,286,930 (64.8%) in investments, DKK 1,757,464 (34.6%) in retirement accounts, and DKK 28,000 (0.6%) in cash.

Investments

Since my last update, my investments increased with DKK 80,867 (2.52%).

Since I started tracking, my total contributions have been DKK 879,704, and my total return has been DKK 956,761.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -7,634 (-0.43%).

Since I started tracking, my total contributions have been DKK 330,789, and my total return is DKK 558,927.




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

If I quit working today, my monthly pay out would be DKK 16,907 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
16,907/month
(4.0% SWR)
14,794/month
(3.5% SWR)
12,680/month
(3.0% SWR)


When can I retire?

FI date

My age

47

I am currently aiming to save/invest approximately DKK 25,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 6,300,000 in 0 years and 10 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another DKK 500,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 727,606


Financial independence forecast