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Net worth update per


This is Yohemming's #58 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,307,642 and my FI portfolio increased to DKK 1,136,607


Net worth

DKK 2,307,642

Since the last update on my net worth has increased with DKK 150,973 (+ 7.0 %).

FI portfolio

DKK 1,136,607

Since the last update on my FI portfolio has increased with DKK 45,671 (+ 4.19 %).

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 105,000 +22,000 127,000
Investments 849,869 +23,887 873,756
Retirement acc 136,067 -216 135,851
Real estate 3,000,000 + 100,000 3,100,000
Other assets 220,000 0 220,000
Total assets 4,310,936 +145,671 4,456,607

Mortgage 2,026,764 -2,646 2,024,118
Other debt 127,503 -2,656 124,847
Total debt 2,154,267 -5,302 2,148,965
Change
Cash 100,660 +26,340 127,000
Investments 625,682 +248,074 873,756
Retirement acc 108,054 +27,797 135,851
Real estate 3,000,000 + 100,000 3,100,000
Other assets 258,795 -38,795 220,000
Total assets 4,093,191 +363,416 4,456,607

Mortgage 2,031,819 -7,701 2,024,118
Other debt 148,751 -23,904 124,847
Total debt 2,180,570 -31,605 2,148,965
Change
Cash 55,011 +71,989 127,000
Investments 0 +873,756 873,756
Retirement acc 0 +135,851 135,851
Real estate 2,645,000 + 455,000 3,100,000
Other assets 0 + 220,000 220,000
Total assets 2,700,011 +1,756,596 4,456,607

Mortgage 2,095,516 -71,398 2,024,118
Other debt 0 + 124,847 124,847
Total debt 2,095,516 + 53,449 2,148,965

I am now 45.5% on my way to achive my FIRE target of DKK 2,500,000. This is 1.8 percentage points closer, compared to the last net worth update.

DKK 1,136,607 FIRE target: DKK 2,500,000


45.5%

FI portfolio

My FI portfolio now consists of DKK 873,756 (76.9%) in investments, DKK 135,851 (12.0%) in retirement accounts, and DKK 127,000 (11.2%) in cash.

Investments

Since my last update, my investments increased with DKK 23,887 (2.81%), 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 -216 (-0.16%).

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 3,788 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,788/month
(4.0% SWR)
3,315/month
(3.5% SWR)
2,841/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 825,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 538,393


Financial independence forecast