Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is Kiss2417's #45 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 1,332,304 and my FI portfolio decreased to DKK 1,047,799


Net worth

DKK 1,332,304

Since the last update on my net worth has decreased with DKK -61,986 ( -4.45 %).

FI portfolio

DKK 1,047,799

Since the last update on my FI portfolio has decreased with DKK -78,354 ( -6.96 %).

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 104,816 -2,537 102,279
Investments 542,384 -51,279 491,105
Retirement acc 478,953 -24,538 454,415
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,326,153 -78,354 2,247,799

Mortgage 875,009 -5,342 869,667
Other debt 56,854 -11,026 45,828
Total debt 931,863 -16,368 915,495
Change
Cash 111,709 -9,430 102,279
Investments 526,180 -35,075 491,105
Retirement acc 471,183 -16,768 454,415
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,309,072 -61,273 2,247,799

Mortgage 875,009 -5,342 869,667
Other debt 60,000 -14,172 45,828
Total debt 935,009 -19,514 915,495
Change
Cash 24,268 +78,011 102,279
Investments 304,105 +187,000 491,105
Retirement acc 232,760 +221,655 454,415
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 571,133 +1,676,666 2,247,799

Mortgage 0 869,667 869,667
Other debt 163,000 -117,172 45,828
Total debt 163,000 + 752,495 915,495

I am now 21.0% on my way to achive my FIRE target of DKK 5,000,000. This is -1.6 percentage points closer, compared to the last net worth update.

DKK 1,047,799 FIRE target: DKK 5,000,000


21.0%

FI portfolio

My FI portfolio now consists of DKK 491,105 (46.9%) in investments, DKK 454,415 (43.4%) in retirement accounts, and DKK 102,279 (9.8%) in cash.

Investments

Since my last update, my investments decreased with DKK -51,279 (-9.45%), of which DKK 4,000 was from contributions, and DKK -55,279 was from returns.

Since I started tracking, my total contributions have been DKK 51,850, and my total return has been DKK 135,150.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -24,538 (-5.12%), of which DKK 4,993 was from contributions , and DKK -29,531 was from returns.

Since I started tracking, my total contributions have been DKK 89,783, and my total return is DKK 131,872.




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

If I quit working today, my monthly pay out would be DKK 3,492 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,492/month
(4.0% SWR)
3,056/month
(3.5% SWR)
2,619/month
(3.0% SWR)


When can I retire?

FI date

My age

53

I am currently aiming to save/invest approximately DKK 3,350 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 5,000,000 in 18 years and 2 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another DKK 733,650, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,218,551


Financial independence forecast