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Net worth update per


This is Kiss2417's #40 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,359,941 and my FI portfolio increased to DKK 1,108,393


Net worth

DKK 1,359,941

Since the last update on my net worth has increased with DKK 6,657 (+ 0.49 %).

FI portfolio

DKK 1,108,393

Since the last update on my FI portfolio has increased with DKK 1,258 (+ 0.11 %).

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 153,944 -21,411 132,533
Investments 510,339 +10,543 520,882
Retirement acc 442,852 +12,126 454,978
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,307,135 +1,258 2,308,393

Mortgage 883,851 -4,399 879,452
Other debt 70,000 -1,000 69,000
Total debt 953,851 -5,399 948,452
Change
Cash 63,906 +68,627 132,533
Investments 457,328 +63,554 520,882
Retirement acc 356,663 +98,315 454,978
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,077,897 +230,496 2,308,393

Mortgage 892,338 -12,886 879,452
Other debt 102,986 -33,986 69,000
Total debt 995,324 -46,872 948,452
Change
Cash 24,268 +108,265 132,533
Investments 304,105 +216,777 520,882
Retirement acc 232,760 +222,218 454,978
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 571,133 +1,737,260 2,308,393

Mortgage 0 879,452 879,452
Other debt 163,000 -94,000 69,000
Total debt 163,000 + 785,452 948,452

I am now 22.2% on my way to achive my FIRE target of DKK 5,000,000. This is 0.0 percentage points closer, compared to the last net worth update.

DKK 1,108,393 FIRE target: DKK 5,000,000


22.2%

FI portfolio

My FI portfolio now consists of DKK 520,882 (47.0%) in investments, DKK 454,978 (41.0%) in retirement accounts, and DKK 132,533 (12.0%) in cash.

Investments

Since my last update, my investments increased with DKK 10,543 (2.07%), of which DKK 3,350 was from contributions, and DKK 7,193 was from returns.

Since I started tracking, my total contributions have been DKK 31,850, and my total return has been DKK 184,927.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 12,126 (2.74%), of which DKK 6,317 was from contributions , and DKK 5,809 was from returns.

Since I started tracking, my total contributions have been DKK 65,000, and my total return is DKK 157,218.




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

If I quit working today, my monthly pay out would be DKK 3,694 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,694/month
(4.0% SWR)
3,232/month
(3.5% SWR)
2,770/month
(3.0% SWR)


When can I retire?

FI date

My age

52

I am currently aiming to save/invest approximately DKK 3,350 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 5,000,000 in 17 years and 9 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another DKK 716,900, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,174,707


Financial independence forecast