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Net worth update per


This is Yohemming's #59 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,363,342 and my FI portfolio increased to DKK 1,189,651


Net worth

DKK 2,363,342

Since the last update on my net worth has increased with DKK 55,700 (+ 2.41 %).

FI portfolio

DKK 1,189,651

Since the last update on my FI portfolio has increased with DKK 53,044 (+ 4.67 %).

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 127,000 +18,500 145,500
Investments 873,756 +33,232 906,988
Retirement acc 135,851 +1,312 137,163
Real estate 3,100,000 0 3,100,000
Other assets 220,000 0 220,000
Total assets 4,456,607 +53,044 4,509,651

Mortgage 2,024,118 0 2,024,118
Other debt 124,847 -2,656 122,191
Total debt 2,148,965 -2,656 2,146,309
Change
Cash 100,660 +44,840 145,500
Investments 625,682 +281,306 906,988
Retirement acc 108,054 +29,109 137,163
Real estate 3,000,000 + 100,000 3,100,000
Other assets 258,795 -38,795 220,000
Total assets 4,093,191 +416,460 4,509,651

Mortgage 2,031,819 -7,701 2,024,118
Other debt 148,751 -26,560 122,191
Total debt 2,180,570 -34,261 2,146,309
Change
Cash 55,011 +90,489 145,500
Investments 0 +906,988 906,988
Retirement acc 0 +137,163 137,163
Real estate 2,645,000 + 455,000 3,100,000
Other assets 0 + 220,000 220,000
Total assets 2,700,011 +1,809,640 4,509,651

Mortgage 2,095,516 -71,398 2,024,118
Other debt 0 + 122,191 122,191
Total debt 2,095,516 + 50,793 2,146,309

I am now 47.6% on my way to achive my FIRE target of DKK 2,500,000. This is 2.1 percentage points closer, compared to the last net worth update.

DKK 1,189,651 FIRE target: DKK 2,500,000


47.6%

FI portfolio

My FI portfolio now consists of DKK 906,988 (76.2%) in investments, DKK 137,163 (11.5%) in retirement accounts, and DKK 145,500 (12.2%) in cash.

Investments

Since my last update, my investments increased with DKK 33,232 (3.8%), 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 increased with DKK 1,312 (0.97%).

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 3,965 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,965/month
(4.0% SWR)
3,469/month
(3.5% SWR)
2,974/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 795,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 515,349


Financial independence forecast