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Net worth update per


This is Kiss2417's #46 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 1,400,739 and my FI portfolio increased to DKK 1,113,366


Net worth

DKK 1,400,739

Since the last update on my net worth has increased with DKK 68,435 (+ 5.14 %).

FI portfolio

DKK 1,113,366

Since the last update on my FI portfolio has increased with DKK 65,567 (+ 6.26 %).

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 102,279 +2,381 104,660
Investments 491,105 +36,763 527,868
Retirement acc 454,415 +26,423 480,838
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,247,799 +65,567 2,313,366

Mortgage 869,667 0 869,667
Other debt 45,828 -2,868 42,960
Total debt 915,495 -2,868 912,627
Change
Cash 111,709 -7,049 104,660
Investments 526,180 +1,688 527,868
Retirement acc 471,183 +9,655 480,838
Real estate 1,190,000 0 1,190,000
Other assets 10,000 0 10,000
Total assets 2,309,072 +4,294 2,313,366

Mortgage 875,009 -5,342 869,667
Other debt 60,000 -17,040 42,960
Total debt 935,009 -22,382 912,627
Change
Cash 24,268 +80,392 104,660
Investments 304,105 +223,763 527,868
Retirement acc 232,760 +248,078 480,838
Real estate 0 + 1,190,000 1,190,000
Other assets 10,000 0 10,000
Total assets 571,133 +1,742,233 2,313,366

Mortgage 0 869,667 869,667
Other debt 163,000 -120,040 42,960
Total debt 163,000 + 749,627 912,627

I am now 22.3% on my way to achive my FIRE target of DKK 5,000,000. This is 1.3 percentage points closer, compared to the last net worth update.

DKK 1,113,366 FIRE target: DKK 5,000,000


22.3%

FI portfolio

My FI portfolio now consists of DKK 527,868 (47.4%) in investments, DKK 480,838 (43.2%) in retirement accounts, and DKK 104,660 (9.4%) in cash.

Investments

Since my last update, my investments increased with DKK 36,763 (7.49%), of which DKK 4,000 was from contributions, and DKK 32,763 was from returns.

Since I started tracking, my total contributions have been DKK 55,850, and my total return has been DKK 167,913.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 26,423 (5.81%), of which DKK 5,254 was from contributions , and DKK 21,169 was from returns.

Since I started tracking, my total contributions have been DKK 95,037, and my total return is DKK 153,041.




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

If I quit working today, my monthly pay out would be DKK 3,711 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
3,711/month
(4.0% SWR)
3,247/month
(3.5% SWR)
2,783/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 17 years and 7 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another DKK 710,200, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,176,434


Financial independence forecast