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Net worth update per


This is Rentier's #34 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 17,761,541 and my FI portfolio decreased to DKK 13,771,041


Net worth

DKK 17,761,541

Since the last update on my net worth has decreased with DKK -341,340 ( -1.89 %).

FI portfolio

DKK 13,771,041

Since the last update on my FI portfolio has decreased with DKK -341,340 ( -2.42 %).

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 166,500 -20,000 146,500
Investments 11,659,217 -235,154 11,424,063
Retirement acc 2,286,664 -86,186 2,200,478
Real estate 5,300,000 0 5,300,000
Other assets 0 0 0
Total assets 19,412,381 -341,340 19,071,041

Mortgage 1,309,500 0 1,309,500
Other debt 0 0 0
Total debt 1,309,500 0 1,309,500
Change
Cash 137,550 +8,950 146,500
Investments 12,385,914 -961,851 11,424,063
Retirement acc 2,541,615 -341,137 2,200,478
Real estate 5,300,000 0 5,300,000
Other assets 0 0 0
Total assets 20,365,079 -1,294,038 19,071,041

Mortgage 1,311,600 -2,100 1,309,500
Other debt 0 0 0
Total debt 1,311,600 -2,100 1,309,500
Change
Cash 50,000 +96,500 146,500
Investments 3,651,000 +7,773,063 11,424,063
Retirement acc 1,417,000 +783,478 2,200,478
Real estate 4,300,000 + 1,000,000 5,300,000
Other assets 0 0 0
Total assets 9,418,000 +9,653,041 19,071,041

Mortgage 1,595,000 -285,500 1,309,500
Other debt 0 0 0
Total debt 1,595,000 -285,500 1,309,500

I am now 91.8% on my way to achive my FIRE target of DKK 15,000,000. This is -2.3 percentage points closer, compared to the last net worth update.

DKK 13,771,041 FIRE target: DKK 15,000,000


91.8%

FI portfolio

My FI portfolio now consists of DKK 11,424,063 (83.0%) in investments, DKK 2,200,478 (16.0%) in retirement accounts, and DKK 146,500 (1.1%) in cash.

Investments

Since my last update, my investments decreased with DKK -235,154 (-2.02%).

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -86,186 (-3.77%).




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

If I quit working today, my monthly pay out would be DKK 45,903 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
45,903/month
(4.0% SWR)
40,165/month
(3.5% SWR)
34,427/month
(3.0% SWR)


When can I retire?

FI date

My age

50

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 0 years and 11 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another DKK 120,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 1,108,959


Financial independence forecast