This is Rentier's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was DKK 7,823,000 and my FI portfolio was DKK 5,118,000.
I am now 34.1% on my way to achive my FIRE target of DKK 15,000,000.
My FI portfolio now consists of DKK 3,651,000 (71.3%) in investments, DKK 1,417,000 (27.7%) in retirement accounts, and DKK 50,000 (1.0%) in cash.
If I quit working today, my monthly pay out would be DKK 17,060 for the rest of my life.
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 1 months,
in , and at that time I will be
53 years old.
By that time I will have invested/saved
another DKK 1,380,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total DKK
8,502,000