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Net worth update per


This is RegenerativeEconomy's #45 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,186,659 and my FI portfolio increased to DKK 1,365,329


Net worth

DKK 2,186,659

Since the last update on my net worth has increased with DKK 49,066 (+ 2.3 %).

FI portfolio

DKK 1,365,329

Since the last update on my FI portfolio has increased with DKK 68,557 (+ 5.29 %).

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 118,240 +20,493 138,733
Investments 4,089 +17,754 21,843
Retirement acc 1,174,443 +30,310 1,204,753
Real estate 4,559,868 + 99,546 4,659,414
Other assets 34,285 -62 34,223
Total assets 5,890,925 +168,041 6,058,966

Mortgage 3,352,102 127,490 3,479,592
Other debt 401,230 -8,515 392,715
Total debt 3,753,332 118,975 3,872,307
Change
Cash 24,356 +114,377 138,733
Investments 2,725 +19,118 21,843
Retirement acc 906,380 +298,373 1,204,753
Real estate 4,293,312 + 366,102 4,659,414
Other assets 38,495 -4,272 34,223
Total assets 5,265,268 +793,698 6,058,966

Mortgage 3,137,716 341,876 3,479,592
Other debt 489,154 -96,439 392,715
Total debt 3,626,870 245,437 3,872,307
Change
Cash 203,420 -64,687 138,733
Investments 251,923 -230,080 21,843
Retirement acc 458,909 +745,844 1,204,753
Real estate 3,900,000 + 759,414 4,659,414
Other assets 41,838 -7,615 34,223
Total assets 4,856,090 +1,202,876 6,058,966

Mortgage 2,976,045 503,547 3,479,592
Other debt 876,374 -483,659 392,715
Total debt 3,852,419 + 19,888 3,872,307

I am now 7.6% on my way to achive my FIRE target of DKK 18,000,000. This is 0.4 percentage points closer, compared to the last net worth update.

DKK 1,365,329 FIRE target: DKK 18,000,000


7.6%

FI portfolio

My FI portfolio now consists of DKK 21,843 (1.6%) in investments, DKK 1,204,753 (88.2%) in retirement accounts, and DKK 138,733 (10.2%) in cash.

Investments

Since my last update, my investments increased with DKK 17,754 (434.19%), of which DKK 17,711 was from contributions, and DKK 43 was from returns.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 30,310 (2.58%), of which DKK 15,248 was from contributions , and DKK 15,062 was from returns.

Since I started tracking, my total contributions have been DKK 641,986, and my total return is DKK 103,858.




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

If I quit working today, my monthly pay out would be DKK 4,551 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,551/month
(4.0% SWR)
3,982/month
(3.5% SWR)
3,413/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 9 months, in , and at that time I will be 59 years old.

By that time I will have invested/saved another DKK 5,950,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 10,684,671


Financial independence forecast