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Net worth update per


This is Kiss2417's #41 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 1,348,830 and my FI portfolio decreased to DKK 1,095,052


Net worth

DKK 1,348,830

Since the last update on my net worth has decreased with DKK -11,111 ( -0.82 %).

FI portfolio

DKK 1,095,052

Since the last update on my FI portfolio has decreased with DKK -13,341 ( -1.2 %).

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 132,533 -11,102 121,431
Investments 520,882 -6,358 514,524
Retirement acc 454,978 +4,119 459,097
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,308,393 -13,341 2,295,052

Mortgage 879,452 1 879,453
Other debt 69,000 -2,231 66,769
Total debt 948,452 -2,230 946,222
Change
Cash 63,906 +57,525 121,431
Investments 457,328 +57,196 514,524
Retirement acc 356,663 +102,434 459,097
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,077,897 +217,155 2,295,052

Mortgage 892,338 -12,885 879,453
Other debt 102,986 -36,217 66,769
Total debt 995,324 -49,102 946,222
Change
Cash 24,268 +97,163 121,431
Investments 304,105 +210,419 514,524
Retirement acc 232,760 +226,337 459,097
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 571,133 +1,723,919 2,295,052

Mortgage 0 879,453 879,453
Other debt 163,000 -96,231 66,769
Total debt 163,000 + 783,222 946,222

I am now 18.3% on my way to achive my FIRE target of DKK 6,000,000. This is -0.2 percentage points closer, compared to the last net worth update.

DKK 1,095,052 FIRE target: DKK 6,000,000


18.3%

FI portfolio

My FI portfolio now consists of DKK 514,524 (47.0%) in investments, DKK 459,097 (41.9%) in retirement accounts, and DKK 121,431 (11.1%) in cash.

Investments

Since my last update, my investments decreased with DKK -6,358 (-1.22%), of which DKK 3,300 was from contributions, and DKK 59,777 was from returns.

Since I started tracking, my total contributions have been DKK 63,150, and my total return has been DKK 326,535.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 4,119 (0.91%), of which DKK 4,570 was from contributions , and DKK 8,969 was from returns.

Since I started tracking, my total contributions have been DKK 104,669, and my total return is DKK 230,146.




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

If I quit working today, my monthly pay out would be DKK 3,650 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,650/month
(4.0% SWR)
3,193/month
(3.5% SWR)
2,737/month
(3.0% SWR)


When can I retire?

FI date

My age

56

I am currently aiming to save/invest approximately DKK 2,300 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 6,000,000 in 19 years and 11 months, in , and at that time I will be 56 years old.

By that time I will have invested/saved another DKK 598,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 4,306,948


Financial independence forecast