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Net worth update per


This is BuGBlast's #46 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,415,969 and my FI portfolio increased to DKK 1,365,969


Net worth

DKK 2,415,969

Since the last update on my net worth has increased with DKK 101,402 (+ 4.38 %).

FI portfolio

DKK 1,365,969

Since the last update on my FI portfolio has increased with DKK 101,402 (+ 8.02 %).

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 206,050 -15,025 191,025
Investments 851,308 +101,890 953,198
Retirement acc 207,209 +14,537 221,746
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,814,567 +101,402 3,915,969

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000
Change
Cash 210,912 -19,887 191,025
Investments 978,468 -25,270 953,198
Retirement acc 227,679 -5,933 221,746
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,967,059 -51,090 3,915,969

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000
Change
Cash 110,390 +80,635 191,025
Investments 324,095 +629,103 953,198
Retirement acc 119,802 +101,944 221,746
Real estate 2,400,000 0 2,400,000
Other assets 150,000 0 150,000
Total assets 3,104,287 +811,682 3,915,969

Mortgage 1,500,000 0 1,500,000
Other debt 0 0 0
Total debt 1,500,000 0 1,500,000

I am now 19.5% on my way to achive my FIRE target of DKK 7,000,000. This is 1.4 percentage points closer, compared to the last net worth update.

DKK 1,365,969 FIRE target: DKK 7,000,000


19.5%

FI portfolio

My FI portfolio now consists of DKK 953,198 (69.8%) in investments, DKK 221,746 (16.2%) in retirement accounts, and DKK 191,025 (14.0%) in cash.

Investments

Since my last update, my investments increased with DKK 101,890 (11.97%), of which DKK 10,000 was from contributions, and DKK 91,890 was from returns.

Since I started tracking, my total contributions have been DKK 460,000, and my total return has been DKK 169,103.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 14,537 (7.02%), of which DKK 2,000 was from contributions , and DKK 12,537 was from returns.

Since I started tracking, my total contributions have been DKK 90,000, and my total return is DKK 11,944.




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

If I quit working today, my monthly pay out would be DKK 4,553 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,553/month
(4.0% SWR)
3,984/month
(3.5% SWR)
3,414/month
(3.0% SWR)


When can I retire?

FI date

My age

47

I am currently aiming to save/invest approximately DKK 12,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 7,000,000 in 11 years and 5 months, in , and at that time I will be 47 years old.

By that time I will have invested/saved another DKK 1,656,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 3,978,031


Financial independence forecast