Net worth update per
This is goal_oriented's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was CAD 102,000 and my FI portfolio was CAD 102,000.
Net worth
CAD 102,000
FI portfolio
CAD 102,000
I am now 12.0% on my way to achive my FIRE target of CAD 850,000.
CAD 102,000 FIRE target: CAD 850,000
FI portfolio
My FI portfolio now consists of CAD 35,000 (34.3%) in investments, CAD 60,000 (58.8%) in retirement accounts, and CAD 7,000 (6.9%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be CAD 340 for the rest of my life.
Retire today with (CAD)
When can I retire?
FI date
My age
32
I am currently aiming to save/invest
approximately CAD
8,500
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CAD 850,000
in 0 years and 5 months,
in , and at that time I will be
32 years old.
By that time I will have invested/saved
another CAD 578,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CAD
170,000