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Net worth update per


This is Rentier's #3 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 9,590,000 and my FI portfolio increased to DKK 6,185,000


Net worth

DKK 9,590,000

Since the last update on my net worth has increased with DKK 1,513,000 (+ 18.73 %).

FI portfolio

DKK 6,185,000

Since the last update on my FI portfolio has increased with DKK 1,113,000 (+ 21.94 %).

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 50,000 -20,000 30,000
Investments 3,672,000 +878,000 4,550,000
Retirement acc 1,350,000 +255,000 1,605,000
Real estate 4,500,000 + 300,000 4,800,000
Other assets 0 0 0
Total assets 9,572,000 +1,413,000 10,985,000

Mortgage 1,495,000 -100,000 1,395,000
Other debt 0 0 0
Total debt 1,495,000 -100,000 1,395,000
Change
Cash 50,000 -20,000 30,000
Investments 3,672,000 +878,000 4,550,000
Retirement acc 1,350,000 +255,000 1,605,000
Real estate 4,500,000 + 300,000 4,800,000
Other assets 0 0 0
Total assets 9,572,000 +1,413,000 10,985,000

Mortgage 1,495,000 -100,000 1,395,000
Other debt 0 0 0
Total debt 1,495,000 -100,000 1,395,000
Change
Cash 50,000 -20,000 30,000
Investments 3,651,000 +899,000 4,550,000
Retirement acc 1,417,000 +188,000 1,605,000
Real estate 4,300,000 + 500,000 4,800,000
Other assets 0 0 0
Total assets 9,418,000 +1,567,000 10,985,000

Mortgage 1,595,000 -200,000 1,395,000
Other debt 0 0 0
Total debt 1,595,000 -200,000 1,395,000

I am now 41.2% on my way to achive my FIRE target of DKK 15,000,000. This is 7.4 percentage points closer, compared to the last net worth update.

DKK 6,185,000 FIRE target: DKK 15,000,000


41.2%

FI portfolio

My FI portfolio now consists of DKK 4,550,000 (73.6%) in investments, DKK 1,605,000 (25.9%) in retirement accounts, and DKK 30,000 (0.5%) in cash.

Investments

Since my last update, my investments increased with DKK 878,000 (23.91%).

Retirement accounts

Since my last update, my retirement accounts increased with DKK 255,000 (18.89%).




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

If I quit working today, my monthly pay out would be DKK 20,616 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
20,616/month
(4.0% SWR)
18,039/month
(3.5% SWR)
15,462/month
(3.0% SWR)


When can I retire?

FI date

My age

53

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 4 years and 3 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another DKK 1,160,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 7,655,000


Financial independence forecast