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Net worth update per


This is Kiss2417's #43 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,374,063 and my FI portfolio decreased to DKK 1,109,072


Net worth

DKK 1,374,063

Since the last update on my net worth has increased with DKK 1,169 (+ 0.09 %).

FI portfolio

DKK 1,109,072

Since the last update on my FI portfolio has decreased with DKK -6,275 ( -0.56 %).

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 117,930 -6,221 111,709
Investments 523,190 +2,990 526,180
Retirement acc 474,227 -3,044 471,183
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,315,347 -6,275 2,309,072

Mortgage 879,453 -4,444 875,009
Other debt 63,000 -3,000 60,000
Total debt 942,453 -7,444 935,009
Change
Cash 63,906 +47,803 111,709
Investments 457,328 +68,852 526,180
Retirement acc 356,663 +114,520 471,183
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,077,897 +231,175 2,309,072

Mortgage 892,338 -17,329 875,009
Other debt 102,986 -42,986 60,000
Total debt 995,324 -60,315 935,009
Change
Cash 24,268 +87,441 111,709
Investments 304,105 +222,075 526,180
Retirement acc 232,760 +238,423 471,183
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 571,133 +1,737,939 2,309,072

Mortgage 0 875,009 875,009
Other debt 163,000 -103,000 60,000
Total debt 163,000 + 772,009 935,009

I am now 22.2% on my way to achive my FIRE target of DKK 5,000,000. This is -0.1 percentage points closer, compared to the last net worth update.

DKK 1,109,072 FIRE target: DKK 5,000,000


22.2%

FI portfolio

My FI portfolio now consists of DKK 526,180 (47.4%) in investments, DKK 471,183 (42.5%) in retirement accounts, and DKK 111,709 (10.1%) in cash.

Investments

Since my last update, my investments increased with DKK 2,990 (0.57%), of which DKK 4,000 was from contributions, and DKK -55,279 was from returns.

Since I started tracking, my total contributions have been DKK 51,850, and my total return has been DKK 135,150.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -3,044 (-0.64%), of which DKK 4,993 was from contributions , and DKK -29,531 was from returns.

Since I started tracking, my total contributions have been DKK 89,783, and my total return is DKK 131,872.




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

If I quit working today, my monthly pay out would be DKK 3,696 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,696/month
(4.0% SWR)
3,234/month
(3.5% SWR)
2,772/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 4 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another DKK 713,550, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,177,378


Financial independence forecast