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Net worth update per


This is RegenerativeEconomy's #55 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 3,055,340 and my FI portfolio decreased to DKK 1,864,856


Net worth

DKK 3,055,340

Since the last update on my net worth has decreased with DKK -32,945 ( -1.07 %).

FI portfolio

DKK 1,864,856

Since the last update on my FI portfolio has decreased with DKK -126,117 ( -6.33 %).

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 447,392 -127,551 319,841
Investments 38,738 +945 39,683
Retirement acc 1,504,843 +489 1,505,332
Real estate 4,962,291 + 84,281 5,046,572
Other assets 1,053,076 -3,774 1,049,302
Total assets 8,006,340 -45,610 7,960,730

Mortgage 4,371,514 -8,931 4,362,583
Other debt 546,541 -3,734 542,807
Total debt 4,918,055 -12,665 4,905,390
Change
Cash 162,628 +157,213 319,841
Investments 23,567 +16,116 39,683
Retirement acc 1,311,950 +193,382 1,505,332
Real estate 4,800,000 + 246,572 5,046,572
Other assets 438,004 + 611,298 1,049,302
Total assets 6,736,149 +1,224,581 7,960,730

Mortgage 3,475,607 886,976 4,362,583
Other debt 362,489 + 180,318 542,807
Total debt 3,838,096 + 1,067,294 4,905,390
Change
Cash 203,420 +116,421 319,841
Investments 251,923 -212,240 39,683
Retirement acc 458,909 +1,046,423 1,505,332
Real estate 3,900,000 + 1,146,572 5,046,572
Other assets 41,838 + 1,007,464 1,049,302
Total assets 4,856,090 +3,104,640 7,960,730

Mortgage 2,976,045 1,386,538 4,362,583
Other debt 876,374 -333,567 542,807
Total debt 3,852,419 + 1,052,971 4,905,390

I am now 10.4% on my way to achive my FIRE target of DKK 18,000,000. This is -0.7 percentage points closer, compared to the last net worth update.

DKK 1,864,856 FIRE target: DKK 18,000,000


10.4%

FI portfolio

My FI portfolio now consists of DKK 39,683 (2.1%) in investments, DKK 1,505,332 (80.7%) in retirement accounts, and DKK 319,841 (17.2%) in cash.

Investments

Since my last update, my investments increased with DKK 945 (2.44%), of which DKK 668 was from contributions, and DKK 277 was from returns.

Retirement accounts

Since my last update, my retirement accounts increased with DKK 489 (0.03%), of which DKK 9,203 was from contributions , and DKK -8,714 was from returns.

Since I started tracking, my total contributions have been DKK 776,330, and my total return is DKK 270,093.




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

If I quit working today, my monthly pay out would be DKK 6,216 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
6,216/month
(4.0% SWR)
5,439/month
(3.5% SWR)
4,662/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 18 years and 10 months, in , and at that time I will be 59 years old.

By that time I will have invested/saved another DKK 5,675,000, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 10,460,144


Financial independence forecast