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Net worth update per


This is Rentier's #38 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 19,221,296 and my FI portfolio increased to DKK 14,730,796


Net worth

DKK 19,221,296

Since the last update on my net worth has increased with DKK 189,065 (+ 0.99 %).

FI portfolio

DKK 14,730,796

Since the last update on my FI portfolio has increased with DKK 189,065 (+ 1.3 %).

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 111,500 -16,000 95,500
Investments 11,980,531 +226,465 12,206,996
Retirement acc 2,449,700 -21,400 2,428,300
Real estate 5,800,000 0 5,800,000
Other assets 0 0 0
Total assets 20,341,731 +189,065 20,530,796

Mortgage 1,309,500 0 1,309,500
Other debt 0 0 0
Total debt 1,309,500 0 1,309,500
Change
Cash 137,550 -42,050 95,500
Investments 12,385,914 -178,918 12,206,996
Retirement acc 2,541,615 -113,315 2,428,300
Real estate 5,300,000 + 500,000 5,800,000
Other assets 0 0 0
Total assets 20,365,079 +165,717 20,530,796

Mortgage 1,311,600 -2,100 1,309,500
Other debt 0 0 0
Total debt 1,311,600 -2,100 1,309,500
Change
Cash 50,000 +45,500 95,500
Investments 3,651,000 +8,555,996 12,206,996
Retirement acc 1,417,000 +1,011,300 2,428,300
Real estate 4,300,000 + 1,500,000 5,800,000
Other assets 0 0 0
Total assets 9,418,000 +11,112,796 20,530,796

Mortgage 1,595,000 -285,500 1,309,500
Other debt 0 0 0
Total debt 1,595,000 -285,500 1,309,500

I am now 98.2% on my way to achive my FIRE target of DKK 15,000,000. This is 1.3 percentage points closer, compared to the last net worth update.

DKK 14,730,796 FIRE target: DKK 15,000,000


98.2%

FI portfolio

My FI portfolio now consists of DKK 12,206,996 (82.9%) in investments, DKK 2,428,300 (16.5%) in retirement accounts, and DKK 95,500 (0.6%) in cash.

Investments

Since my last update, my investments increased with DKK 226,465 (1.89%).

Retirement accounts

Since my last update, my retirement accounts decreased with DKK -21,400 (-0.87%).




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

If I quit working today, my monthly pay out would be DKK 49,102 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
49,102/month
(4.0% SWR)
42,964/month
(3.5% SWR)
36,826/month
(3.0% SWR)


When can I retire?

FI date

My age

50

I am currently aiming to save/invest approximately DKK 10,000 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 15,000,000 in 0 years and 2 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another DKK 30,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 239,204


Financial independence forecast