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Net worth update per


This is RegenerativeEconomy's #46 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 2,300,415 and my FI portfolio increased to DKK 1,394,255


Net worth

DKK 2,300,415

Since the last update on my net worth has increased with DKK 113,756 (+ 5.2 %).

FI portfolio

DKK 1,394,255

Since the last update on my FI portfolio has increased with DKK 28,926 (+ 2.12 %).

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 138,733 -11,408 127,325
Investments 21,843 +585 22,428
Retirement acc 1,204,753 +39,749 1,244,502
Real estate 4,659,414 + 71,457 4,730,871
Other assets 34,223 + 244 34,467
Total assets 6,058,966 +100,627 6,159,593

Mortgage 3,479,592 -2,251 3,477,341
Other debt 392,715 -10,878 381,837
Total debt 3,872,307 -13,129 3,859,178
Change
Cash 24,356 +102,969 127,325
Investments 2,725 +19,703 22,428
Retirement acc 906,380 +338,122 1,244,502
Real estate 4,293,312 + 437,559 4,730,871
Other assets 38,495 -4,028 34,467
Total assets 5,265,268 +894,325 6,159,593

Mortgage 3,137,716 339,625 3,477,341
Other debt 489,154 -107,317 381,837
Total debt 3,626,870 232,308 3,859,178
Change
Cash 203,420 -76,095 127,325
Investments 251,923 -229,495 22,428
Retirement acc 458,909 +785,593 1,244,502
Real estate 3,900,000 + 830,871 4,730,871
Other assets 41,838 -7,371 34,467
Total assets 4,856,090 +1,303,503 6,159,593

Mortgage 2,976,045 501,296 3,477,341
Other debt 876,374 -494,537 381,837
Total debt 3,852,419 + 6,759 3,859,178

I am now 7.7% on my way to achive my FIRE target of DKK 18,000,000. This is 0.2 percentage points closer, compared to the last net worth update.

DKK 1,394,255 FIRE target: DKK 18,000,000


7.7%

FI portfolio

My FI portfolio now consists of DKK 22,428 (1.6%) in investments, DKK 1,244,502 (89.3%) in retirement accounts, and DKK 127,325 (9.1%) in cash.

Investments

Since my last update, my investments increased with DKK 585 (2.68%), of which DKK 500 was from contributions, and DKK 85 was from returns.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 39,749 (3.3%), of which DKK 15,248 was from contributions , and DKK 24,501 was from returns.

Since I started tracking, my total contributions have been DKK 647,867, and my total return is DKK 137,726.




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

If I quit working today, my monthly pay out would be DKK 4,647 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
4,647/month
(4.0% SWR)
4,066/month
(3.5% SWR)
3,485/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 8 months, in , and at that time I will be 59 years old.

By that time I will have invested/saved another DKK 5,925,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 10,680,745


Financial independence forecast