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Net worth update per


This is SvendSvin's #53 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 6,714,409 and my FI portfolio increased to DKK 4,691,500


Net worth

DKK 6,714,409

Since the last update on my net worth has increased with DKK 91,672 (+ 1.38 %).

FI portfolio

DKK 4,691,500

Since the last update on my FI portfolio has increased with DKK 82,100 (+ 1.78 %).

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 37,533 -10,033 27,500
Investments 2,981,430 -53,430 2,928,000
Retirement acc 1,590,437 +145,563 1,736,000
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 8,459,400 +82,100 8,541,500

Mortgage 1,836,663 -9,572 1,827,091
Other debt 0 0 0
Total debt 1,836,663 -9,572 1,827,091
Change
Cash 136,226 -108,726 27,500
Investments 3,577,294 -649,294 2,928,000
Retirement acc 1,932,681 -196,681 1,736,000
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 9,496,201 -954,701 8,541,500

Mortgage 1,874,972 -47,881 1,827,091
Other debt 0 0 0
Total debt 1,874,972 -47,881 1,827,091
Change
Cash 58,425 -30,925 27,500
Investments 1,422,850 +1,505,150 2,928,000
Retirement acc 955,284 +780,716 1,736,000
Real estate 3,850,000 0 3,850,000
Other assets 0 0 0
Total assets 6,286,559 +2,254,941 8,541,500

Mortgage 2,324,305 -497,214 1,827,091
Other debt 0 0 0
Total debt 2,324,305 -497,214 1,827,091

I am now 76.9% on my way to achive my FIRE target of DKK 6,100,000. This is 1.3 percentage points closer, compared to the last net worth update.

DKK 4,691,500 FIRE target: DKK 6,100,000


76.9%

FI portfolio

My FI portfolio now consists of DKK 2,928,000 (62.4%) in investments, DKK 1,736,000 (37.0%) in retirement accounts, and DKK 27,500 (0.6%) in cash.

Investments

Since my last update, my investments decreased with DKK -53,430 (-1.79%), 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 increased with DKK 145,563 (9.15%).

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 15,638 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
15,638/month
(4.0% SWR)
13,683/month
(3.5% SWR)
11,728/month
(3.0% SWR)


When can I retire?

FI date

My age

47

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 8 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another DKK 661,500, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 747,000


Financial independence forecast