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Net worth update per


This is Rentier's #28 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 18,710,550 and my FI portfolio increased to DKK 14,722,150


Net worth

DKK 18,710,550

Since the last update on my net worth has increased with DKK 5,020,500 (+ 36.67 %).

FI portfolio

DKK 14,722,150

Since the last update on my FI portfolio has increased with DKK 5,020,500 (+ 51.75 %).

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 142,850 +4,700 147,550
Investments 7,185,000 +5,001,000 12,186,000
Retirement acc 2,373,800 +14,800 2,388,600
Real estate 5,300,000 0 5,300,000
Other assets 0 0 0
Total assets 15,001,650 +5,020,500 20,022,150

Mortgage 1,311,600 0 1,311,600
Other debt 0 0 0
Total debt 1,311,600 0 1,311,600
Change
Cash 65,500 +82,050 147,550
Investments 6,771,275 +5,414,725 12,186,000
Retirement acc 1,948,700 +439,900 2,388,600
Real estate 5,000,000 + 300,000 5,300,000
Other assets 0 0 0
Total assets 13,785,475 +6,236,675 20,022,150

Mortgage 1,315,800 -4,200 1,311,600
Other debt 0 0 0
Total debt 1,315,800 -4,200 1,311,600
Change
Cash 50,000 +97,550 147,550
Investments 3,651,000 +8,535,000 12,186,000
Retirement acc 1,417,000 +971,600 2,388,600
Real estate 4,300,000 + 1,000,000 5,300,000
Other assets 0 0 0
Total assets 9,418,000 +10,604,150 20,022,150

Mortgage 1,595,000 -283,400 1,311,600
Other debt 0 0 0
Total debt 1,595,000 -283,400 1,311,600

I am now 98.1% on my way to achive my FIRE target of DKK 15,000,000. This is 33.5 percentage points closer, compared to the last net worth update.

DKK 14,722,150 FIRE target: DKK 15,000,000


98.1%

FI portfolio

My FI portfolio now consists of DKK 12,186,000 (82.8%) in investments, DKK 2,388,600 (16.2%) in retirement accounts, and DKK 147,550 (1.0%) in cash.

Investments

Since my last update, my investments increased with DKK 5,001,000 (69.6%).

Retirement accounts

Since my last update, my retirement accounts increased with DKK 14,800 (0.62%).




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

If I quit working today, my monthly pay out would be DKK 49,073 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
49,073/month
(4.0% SWR)
42,939/month
(3.5% SWR)
36,805/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately DKK 10,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 15,000,000 in 0 years and -3 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another DKK 30,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 247,850


Financial independence forecast