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Net worth update per


This is BuGBlast's #39 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,330,853 and my FI portfolio increased to DKK 1,280,853


Net worth

DKK 2,330,853

Since the last update on my net worth has increased with DKK 43,883 (+ 1.92 %).

FI portfolio

DKK 1,280,853

Since the last update on my FI portfolio has increased with DKK 43,883 (+ 3.55 %).

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 162,705 +7,905 170,610
Investments 860,958 +29,575 890,533
Retirement acc 213,307 +6,403 219,710
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,786,970 +43,883 3,830,853

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000
Change
Cash 114,895 +55,715 170,610
Investments 645,565 +244,968 890,533
Retirement acc 172,755 +46,955 219,710
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,483,215 +347,638 3,830,853

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000
Change
Cash 110,390 +60,220 170,610
Investments 324,095 +566,438 890,533
Retirement acc 119,802 +99,908 219,710
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,104,287 +726,566 3,830,853

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000

I am now 18.3% on my way to achive my FIRE target of DKK 7,000,000. This is 0.6 percentage points closer, compared to the last net worth update.

DKK 1,280,853 FIRE target: DKK 7,000,000


18.3%

FI portfolio

My FI portfolio now consists of DKK 890,533 (69.5%) in investments, DKK 219,710 (17.2%) in retirement accounts, and DKK 170,610 (13.3%) in cash.

Investments

Since my last update, my investments increased with DKK 29,575 (3.44%), of which DKK 10,000 was from contributions, and DKK -112,237 was from returns.

Since I started tracking, my total contributions have been DKK 440,000, and my total return has been DKK 100,945.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 6,403 (3.0%), of which DKK 2,000 was from contributions , and DKK -20,083 was from returns.

Since I started tracking, my total contributions have been DKK 86,000, and my total return is DKK 8,391.




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

If I quit working today, my monthly pay out would be DKK 4,269 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,269/month
(4.0% SWR)
3,735/month
(3.5% SWR)
3,202/month
(3.0% SWR)


When can I retire?

FI date

My age

47

I am currently aiming to save/invest approximately DKK 12,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 7,000,000 in 11 years and 2 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another DKK 1,692,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 4,027,147


Financial independence forecast