Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is FrankTheTank's #37 net worth update. Please check out my profile here for more information. As of , my net worth increased to DKK 4,723,923 and my FI portfolio increased to DKK 4,014,744


Net worth

DKK 4,723,923

Since the last update on my net worth has increased with DKK 240,798 (+ 5.37 %).

FI portfolio

DKK 4,014,744

Since the last update on my FI portfolio has increased with DKK 229,756 (+ 6.07 %).

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 385,669 -42,250 343,419
Investments 1,713,570 +223,948 1,937,518
Retirement acc 1,685,749 +48,058 1,733,807
Real estate 2,200,000 0 2,200,000
Other assets 0 0 0
Total assets 5,984,988 +229,756 6,214,744

Mortgage 1,501,863 -11,042 1,490,821
Other debt 0 0 0
Total debt 1,501,863 -11,042 1,490,821
Change
Cash 356,649 -13,230 343,419
Investments 1,552,710 +384,808 1,937,518
Retirement acc 1,422,498 +311,309 1,733,807
Real estate 2,300,000 -100,000 2,200,000
Other assets 0 0 0
Total assets 5,631,857 +582,887 6,214,744

Mortgage 1,547,911 -57,090 1,490,821
Other debt 0 0 0
Total debt 1,547,911 -57,090 1,490,821
Change
Cash 229,000 +114,419 343,419
Investments 746,000 +1,191,518 1,937,518
Retirement acc 789,720 +944,087 1,733,807
Real estate 1,900,000 + 300,000 2,200,000
Other assets 0 0 0
Total assets 3,664,720 +2,550,024 6,214,744

Mortgage 1,740,300 -249,479 1,490,821
Other debt 52,000 -52,000 0
Total debt 1,792,300 -301,479 1,490,821

I am now 20.1% on my way to achive my FIRE target of DKK 20,000,000. This is 1.1 percentage points closer, compared to the last net worth update.

DKK 4,014,744 FIRE target: DKK 20,000,000


20.1%

FI portfolio

My FI portfolio now consists of DKK 1,937,518 (48.3%) in investments, DKK 1,733,807 (43.2%) in retirement accounts, and DKK 343,419 (8.6%) in cash.

Investments

Since my last update, my investments increased with DKK 223,948 (13.07%).

Retirement accounts

Since my last update, my retirement accounts increased with DKK 48,058 (2.85%).




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

If I quit working today, my monthly pay out would be DKK 13,382 for the rest of my life.


Monthly SWR amount
Retire today with (DKK)
13,382/month
(4.0% SWR)
11,709/month
(3.5% SWR)
10,036/month
(3.0% SWR)


When can I retire?

FI date

My age

55

I am currently aiming to save/invest approximately DKK 9,200 each month.

Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of DKK 20,000,000 in 17 years and 9 months, in , and at that time I will be 55 years old.

By that time I will have invested/saved another DKK 1,968,800, while the rest will be return on my existing FI portfolio and the new investments, in total DKK 14,016,456


Financial independence forecast