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Net worth update per


This is Rentier's #50 net worth update. Please check out my profile here for more information. As of , my net worth decreased to DKK 21,959,653 and my FI portfolio decreased to DKK 16,769,153


Net worth

DKK 21,959,653

Since the last update on my net worth has decreased with DKK -7,313 ( -0.03 %).

FI portfolio

DKK 16,769,153

Since the last update on my FI portfolio has decreased with DKK -7,313 ( -0.04 %).

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 160,500 -17,500 143,000
Investments 13,824,766 -27,813 13,796,953
Retirement acc 2,791,200 +38,000 2,829,200
Real estate 6,500,000 0 6,500,000
Other assets 0 0 0
Total assets 23,276,466 -7,313 23,269,153

Mortgage 1,309,500 0 1,309,500
Other debt 0 0 0
Total debt 1,309,500 0 1,309,500
Change
Cash 74,000 +69,000 143,000
Investments 12,943,706 +853,247 13,796,953
Retirement acc 2,593,100 +236,100 2,829,200
Real estate 5,800,000 + 700,000 6,500,000
Other assets 0 0 0
Total assets 21,410,806 +1,858,347 23,269,153

Mortgage 1,309,500 0 1,309,500
Other debt 0 0 0
Total debt 1,309,500 0 1,309,500
Change
Cash 50,000 +93,000 143,000
Investments 3,651,000 +10,145,953 13,796,953
Retirement acc 1,417,000 +1,412,200 2,829,200
Real estate 4,300,000 + 2,200,000 6,500,000
Other assets 0 0 0
Total assets 9,418,000 +13,851,153 23,269,153

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 111.8% on my way to achive my FIRE target of DKK 15,000,000. This is -0.0 percentage points closer, compared to the last net worth update.

DKK 16,769,153 FIRE target: DKK 15,000,000


111.8%

FI portfolio

My FI portfolio now consists of DKK 13,796,953 (82.3%) in investments, DKK 2,829,200 (16.9%) in retirement accounts, and DKK 143,000 (0.9%) in cash.

Investments

Since my last update, my investments decreased with DKK -27,813 (-0.2%).

Retirement accounts

Since my last update, my retirement accounts increased with DKK 38,000 (1.36%).




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

If I quit working today, my monthly pay out would be DKK 55,897 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
55,897/month
(4.0% SWR)
48,910/month
(3.5% SWR)
41,922/month
(3.0% SWR)


When can I retire?

FI date

My age

50

I am currently aiming to save/invest approximately DKK 100 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 0 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another DKK 100, while the rest will be return on my existing FI portfolio and the new investments, in total DKK -1,769,253


Financial independence forecast