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 RegenerativeEconomy's #41 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,832,325 and my FI portfolio increased to DKK 1,134,442


Net worth

DKK 1,832,325

Since the last update on my net worth has increased with DKK 98,349 (+ 5.67 %).

FI portfolio

DKK 1,134,442

Since the last update on my FI portfolio has increased with DKK 35,366 (+ 3.22 %).

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 85,919 +36,396 122,315
Investments 3,919 -1,525 2,394
Retirement acc 1,009,238 +495 1,009,733
Real estate 4,396,193 + 52,307 4,448,500
Other assets 38,243 -2,081 36,162
Total assets 5,533,512 +85,592 5,619,104

Mortgage 3,353,799 0 3,353,799
Other debt 445,737 -12,757 432,980
Total debt 3,799,536 -12,757 3,786,779
Change
Cash 24,356 +97,959 122,315
Investments 2,725 -331 2,394
Retirement acc 906,380 +103,353 1,009,733
Real estate 4,293,312 + 155,188 4,448,500
Other assets 38,495 -2,333 36,162
Total assets 5,265,268 +353,836 5,619,104

Mortgage 3,137,716 216,083 3,353,799
Other debt 489,154 -56,174 432,980
Total debt 3,626,870 159,909 3,786,779
Change
Cash 203,420 -81,105 122,315
Investments 251,923 -249,529 2,394
Retirement acc 458,909 +550,824 1,009,733
Real estate 3,900,000 + 548,500 4,448,500
Other assets 41,838 -5,676 36,162
Total assets 4,856,090 +763,014 5,619,104

Mortgage 2,976,045 377,754 3,353,799
Other debt 876,374 -443,394 432,980
Total debt 3,852,419 -65,640 3,786,779

I am now 6.3% on my way to achive my FIRE target of DKK 18,000,000. This is 0.2 percentage points closer, compared to the last net worth update.

DKK 1,134,442 FIRE target: DKK 18,000,000


6.3%

FI portfolio

My FI portfolio now consists of DKK 2,394 (0.2%) in investments, DKK 1,009,733 (89.0%) in retirement accounts, and DKK 122,315 (10.8%) in cash.

Investments

Since my last update, my investments decreased with DKK -1,525 (-38.91%), of which DKK -1,500 was from withdrawals, and DKK -25 was from returns.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 495 (0.05%), of which DKK 22,584 was from contributions , and DKK -22,089 was from returns.

Since I started tracking, my total contributions have been DKK 561,842, and my total return is DKK -11,018.




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

If I quit working today, my monthly pay out would be DKK 3,781 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,781/month
(4.0% SWR)
3,308/month
(3.5% SWR)
2,836/month
(3.0% SWR)


When can I retire?

FI date

My age

59

I am currently aiming to save/invest approximately DKK 25,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 18,000,000 in 20 years and 4 months, in , and at that time I will be 59 years old.

By that time I will have invested/saved another DKK 6,125,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 10,740,558


Financial independence forecast