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This is goal_oriented's #52 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 300,600 and my FI portfolio decreased to CAD 249,600


Net worth

CAD 300,600

Since the last update on my net worth has decreased with CAD -700 ( -0.23 %).

FI portfolio

CAD 249,600

Since the last update on my FI portfolio has decreased with CAD -1,000 ( -0.4 %).

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 CAD.
Change
Cash 16,000 +1,500 17,500
Investments 120,500 -900 119,600
Retirement acc 114,100 -1,600 112,500
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 480,600 -1,000 479,600

Mortgage 179,300 -300 179,000
Other debt 0 0 0
Total debt 179,300 -300 179,000
Change
Cash 58,000 -40,500 17,500
Investments 127,500 -7,900 119,600
Retirement acc 110,300 +2,200 112,500
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 295,800 +183,800 479,600

Mortgage 0 179,000 179,000
Other debt 0 0 0
Total debt 0 179,000 179,000
Change
Cash 7,000 +10,500 17,500
Investments 35,000 +84,600 119,600
Retirement acc 60,000 +52,500 112,500
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 102,000 +377,600 479,600

Mortgage 0 179,000 179,000
Other debt 0 0 0
Total debt 0 + 179,000 179,000

I am now 29.4% on my way to achive my FIRE target of CAD 850,000. This is -0.1 percentage points closer, compared to the last net worth update.

CAD 249,600 FIRE target: CAD 850,000


29.4%

FI portfolio

My FI portfolio now consists of CAD 119,600 (47.9%) in investments, CAD 112,500 (45.1%) in retirement accounts, and CAD 17,500 (7.0%) in cash.

Investments

Since my last update, my investments decreased with CAD -900 (-0.75%).

Since I started tracking, my total contributions have been CAD 141,367, and my total return has been CAD 99,633.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -1,600 (-1.4%).

Since I started tracking, my total contributions have been CAD 126,832, and my total return is CAD 51,368.




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

If I quit working today, my monthly pay out would be CAD 832 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
832/month
(4.0% SWR)
728/month
(3.5% SWR)
624/month
(3.0% SWR)


When can I retire?

FI date

My age

34

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 1 years and 10 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 442,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 158,400


Financial independence forecast