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Net worth update per


This is RegenerativeEconomy's #44 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,137,593 and my FI portfolio increased to DKK 1,296,772


Net worth

DKK 2,137,593

Since the last update on my net worth has increased with DKK 98,717 (+ 4.84 %).

FI portfolio

DKK 1,296,772

Since the last update on my FI portfolio has increased with DKK 50,411 (+ 4.04 %).

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 95,056 +23,184 118,240
Investments 3,540 +549 4,089
Retirement acc 1,147,765 +26,678 1,174,443
Real estate 4,522,143 + 37,725 4,559,868
Other assets 34,520 -235 34,285
Total assets 5,803,024 +87,901 5,890,925

Mortgage 3,352,102 0 3,352,102
Other debt 412,046 -10,816 401,230
Total debt 3,764,148 -10,816 3,753,332
Change
Cash 24,356 +93,884 118,240
Investments 2,725 +1,364 4,089
Retirement acc 906,380 +268,063 1,174,443
Real estate 4,293,312 + 266,556 4,559,868
Other assets 38,495 -4,210 34,285
Total assets 5,265,268 +625,657 5,890,925

Mortgage 3,137,716 214,386 3,352,102
Other debt 489,154 -87,924 401,230
Total debt 3,626,870 126,462 3,753,332
Change
Cash 203,420 -85,180 118,240
Investments 251,923 -247,834 4,089
Retirement acc 458,909 +715,534 1,174,443
Real estate 3,900,000 + 659,868 4,559,868
Other assets 41,838 -7,553 34,285
Total assets 4,856,090 +1,034,835 5,890,925

Mortgage 2,976,045 376,057 3,352,102
Other debt 876,374 -475,144 401,230
Total debt 3,852,419 -99,087 3,753,332

I am now 7.2% on my way to achive my FIRE target of DKK 18,000,000. This is 0.3 percentage points closer, compared to the last net worth update.

DKK 1,296,772 FIRE target: DKK 18,000,000


7.2%

FI portfolio

My FI portfolio now consists of DKK 4,089 (0.3%) in investments, DKK 1,174,443 (90.6%) in retirement accounts, and DKK 118,240 (9.1%) in cash.

Investments

Since my last update, my investments increased with DKK 549 (15.51%), of which DKK 500 was from contributions, and DKK 49 was from returns.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 26,678 (2.32%), of which DKK 22,074 was from contributions , and DKK 4,604 was from returns.

Since I started tracking, my total contributions have been DKK 626,738, and my total return is DKK 88,796.




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

If I quit working today, my monthly pay out would be DKK 4,322 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,322/month
(4.0% SWR)
3,782/month
(3.5% SWR)
3,241/month
(3.0% SWR)


When can I retire?

FI date

My age

59

I am currently aiming to save/invest approximately DKK 25,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 18,000,000 in 19 years and 11 months, in , and at that time I will be 59 years old.

By that time I will have invested/saved another DKK 6,000,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 10,703,228


Financial independence forecast