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Net worth update per


This is SvendSvin's #52 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 6,622,737 and my FI portfolio decreased to DKK 4,609,400


Net worth

DKK 6,622,737

Since the last update on my net worth has decreased with DKK -864,530 ( -11.55 %).

FI portfolio

DKK 4,609,400

Since the last update on my FI portfolio has decreased with DKK -874,106 ( -15.94 %).

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 40,931 -3,398 37,533
Investments 3,483,641 -502,211 2,981,430
Retirement acc 1,958,934 -368,497 1,590,437
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 9,333,506 -874,106 8,459,400

Mortgage 1,846,239 -9,576 1,836,663
Other debt 0 0 0
Total debt 1,846,239 -9,576 1,836,663
Change
Cash 136,226 -98,693 37,533
Investments 3,577,294 -595,864 2,981,430
Retirement acc 1,932,681 -342,244 1,590,437
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 9,496,201 -1,036,801 8,459,400

Mortgage 1,874,972 -38,309 1,836,663
Other debt 0 0 0
Total debt 1,874,972 -38,309 1,836,663
Change
Cash 58,425 -20,892 37,533
Investments 1,422,850 +1,558,580 2,981,430
Retirement acc 955,284 +635,153 1,590,437
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 6,286,559 +2,172,841 8,459,400

Mortgage 2,324,305 -487,642 1,836,663
Other debt 0 0 0
Total debt 2,324,305 -487,642 1,836,663

I am now 75.6% on my way to achive my FIRE target of DKK 6,100,000. This is -14.3 percentage points closer, compared to the last net worth update.

DKK 4,609,400 FIRE target: DKK 6,100,000


75.6%

FI portfolio

My FI portfolio now consists of DKK 2,981,430 (64.7%) in investments, DKK 1,590,437 (34.5%) in retirement accounts, and DKK 37,533 (0.8%) in cash.

Investments

Since my last update, my investments decreased with DKK -502,211 (-14.42%), of which DKK 25,000 was from contributions, and DKK -78,430 was from returns.

Since I started tracking, my total contributions have been DKK 879,704, and my total return has been DKK 625,446.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -368,497 (-18.81%).

Since I started tracking, my total contributions have been DKK 330,789, and my total return is DKK 449,927.




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

If I quit working today, my monthly pay out would be DKK 15,364 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
15,364/month
(4.0% SWR)
13,444/month
(3.5% SWR)
11,523/month
(3.0% SWR)


When can I retire?

FI date

My age

48

I am currently aiming to save/invest approximately DKK 31,500 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 6,100,000 in 1 years and 10 months, in , and at that time I will be 48 years old.

By that time I will have invested/saved another DKK 724,500, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 766,100


Financial independence forecast