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Net worth update per


This is BuGBlast's #42 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,521,500 and my FI portfolio increased to DKK 1,471,500


Net worth

DKK 2,521,500

Since the last update on my net worth has increased with DKK 54,441 (+ 2.21 %).

FI portfolio

DKK 1,471,500

Since the last update on my FI portfolio has increased with DKK 54,441 (+ 3.84 %).

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 210,912 +1,903 212,815
Investments 978,468 +41,689 1,020,157
Retirement acc 227,679 +10,849 238,528
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,967,059 +54,441 4,021,500

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000
Change
Cash 210,912 +1,903 212,815
Investments 978,468 +41,689 1,020,157
Retirement acc 227,679 +10,849 238,528
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,967,059 +54,441 4,021,500

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 +102,425 212,815
Investments 324,095 +696,062 1,020,157
Retirement acc 119,802 +118,726 238,528
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,104,287 +917,213 4,021,500

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 21.0% on my way to achive my FIRE target of DKK 7,000,000. This is 0.8 percentage points closer, compared to the last net worth update.

DKK 1,471,500 FIRE target: DKK 7,000,000


21.0%

FI portfolio

My FI portfolio now consists of DKK 1,020,157 (69.3%) in investments, DKK 238,528 (16.2%) in retirement accounts, and DKK 212,815 (14.5%) in cash.

Investments

Since my last update, my investments increased with DKK 41,689 (4.26%), 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 10,849 (4.77%), 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 4,905 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,905/month
(4.0% SWR)
4,291/month
(3.5% SWR)
3,678/month
(3.0% SWR)


When can I retire?

FI date

My age

46

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 10 years and 10 months, in , and at that time I will be 46 years old.

By that time I will have invested/saved another DKK 1,608,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,920,500


Financial independence forecast