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Net worth update per


This is Yohemming's #65 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 2,408,471 and my FI portfolio decreased to DKK 1,220,098


Net worth

DKK 2,408,471

Since the last update on my net worth has decreased with DKK -10,243 ( -0.42 %).

FI portfolio

DKK 1,220,098

Since the last update on my FI portfolio has decreased with DKK -15,504 ( -1.25 %).

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 158,500 -7,000 151,500
Investments 935,953 -7,620 928,333
Retirement acc 141,149 -884 140,265
Real estate 3,100,000 0 3,100,000
Other assets 220,000 0 220,000
Total assets 4,555,602 -15,504 4,540,098

Mortgage 2,027,977 -2,605 2,025,372
Other debt 108,911 -2,656 106,255
Total debt 2,136,888 -5,261 2,131,627
Change
Cash 156,498 -4,998 151,500
Investments 1,009,558 -81,225 928,333
Retirement acc 144,971 -4,706 140,265
Real estate 3,100,000 0 3,100,000
Other assets 220,000 0 220,000
Total assets 4,631,027 -90,929 4,540,098

Mortgage 2,035,791 -10,419 2,025,372
Other debt 116,879 -10,624 106,255
Total debt 2,152,670 -21,043 2,131,627
Change
Cash 55,011 +96,489 151,500
Investments 0 +928,333 928,333
Retirement acc 0 +140,265 140,265
Real estate 2,645,000 + 455,000 3,100,000
Other assets 0 + 220,000 220,000
Total assets 2,700,011 +1,840,087 4,540,098

Mortgage 2,095,516 -70,144 2,025,372
Other debt 0 + 106,255 106,255
Total debt 2,095,516 + 36,111 2,131,627

I am now 48.8% on my way to achive my FIRE target of DKK 2,500,000. This is -0.6 percentage points closer, compared to the last net worth update.

DKK 1,220,098 FIRE target: DKK 2,500,000


48.8%

FI portfolio

My FI portfolio now consists of DKK 928,333 (76.1%) in investments, DKK 140,265 (11.5%) in retirement accounts, and DKK 151,500 (12.4%) in cash.

Investments

Since my last update, my investments decreased with DKK -7,620 (-0.81%), of which DKK 19,000 was from contributions, and DKK -26,620 was from returns.

Since I started tracking, my total contributions have been DKK 719,705, and my total return has been DKK 208,628.

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -884 (-0.63%).

Since I started tracking, my total contributions have been DKK 123,653, and my total return is DKK 16,612.




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

If I quit working today, my monthly pay out would be DKK 4,066 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,066/month
(4.0% SWR)
3,558/month
(3.5% SWR)
3,050/month
(3.0% SWR)


When can I retire?

FI date

My age

36

I am currently aiming to save/invest approximately DKK 15,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 2,500,000 in 4 years and 3 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another DKK 780,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 499,902


Financial independence forecast