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Net worth update per


This is Yohemming's #66 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,507,784 and my FI portfolio increased to DKK 1,314,151


Net worth

DKK 2,507,784

Since the last update on my net worth has increased with DKK 99,313 (+ 4.12 %).

FI portfolio

DKK 1,314,151

Since the last update on my FI portfolio has increased with DKK 94,053 (+ 7.71 %).

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 151,500 +4,000 155,500
Investments 928,333 +82,976 1,011,309
Retirement acc 140,265 +7,077 147,342
Real estate 3,100,000 0 3,100,000
Other assets 220,000 0 220,000
Total assets 4,540,098 +94,053 4,634,151

Mortgage 2,025,372 -2,604 2,022,768
Other debt 106,255 -2,656 103,599
Total debt 2,131,627 -5,260 2,126,367
Change
Cash 156,498 -998 155,500
Investments 1,009,558 +1,751 1,011,309
Retirement acc 144,971 +2,371 147,342
Real estate 3,100,000 0 3,100,000
Other assets 220,000 0 220,000
Total assets 4,631,027 +3,124 4,634,151

Mortgage 2,035,791 -13,023 2,022,768
Other debt 116,879 -13,280 103,599
Total debt 2,152,670 -26,303 2,126,367
Change
Cash 55,011 +100,489 155,500
Investments 0 +1,011,309 1,011,309
Retirement acc 0 +147,342 147,342
Real estate 2,645,000 + 455,000 3,100,000
Other assets 0 + 220,000 220,000
Total assets 2,700,011 +1,934,140 4,634,151

Mortgage 2,095,516 -72,748 2,022,768
Other debt 0 + 103,599 103,599
Total debt 2,095,516 + 30,851 2,126,367

I am now 52.6% on my way to achive my FIRE target of DKK 2,500,000. This is 3.8 percentage points closer, compared to the last net worth update.

DKK 1,314,151 FIRE target: DKK 2,500,000


52.6%

FI portfolio

My FI portfolio now consists of DKK 1,011,309 (77.0%) in investments, DKK 147,342 (11.2%) in retirement accounts, and DKK 155,500 (11.8%) in cash.

Investments

Since my last update, my investments increased with DKK 82,976 (8.94%), of which DKK 18,000 was from contributions, and DKK 64,976 was from returns.

Since I started tracking, my total contributions have been DKK 745,375, and my total return has been DKK 265,934.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 7,077 (5.05%).

Since I started tracking, my total contributions have been DKK 123,653, and my total return is DKK 23,689.




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

If I quit working today, my monthly pay out would be DKK 4,380 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,380/month
(4.0% SWR)
3,832/month
(3.5% SWR)
3,285/month
(3.0% SWR)


When can I retire?

FI date

My age

35

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 3 years and 10 months, in , and at that time I will be 35 years old.

By that time I will have invested/saved another DKK 705,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 480,849


Financial independence forecast