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 goal_oriented's #64 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 342,900 and my FI portfolio increased to CAD 289,400


Net worth

CAD 342,900

Since the last update on my net worth has increased with CAD 9,200 (+ 2.76 %).

FI portfolio

CAD 289,400

Since the last update on my FI portfolio has increased with CAD 9,000 (+ 3.21 %).

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 20,600 +1,800 22,400
Investments 130,700 +3,600 134,300
Retirement acc 129,100 +3,600 132,700
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 510,400 +9,000 519,400

Mortgage 176,700 -200 176,500
Other debt 0 0 0
Total debt 176,700 -200 176,500
Change
Cash 58,000 -35,600 22,400
Investments 127,500 +6,800 134,300
Retirement acc 110,300 +22,400 132,700
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 295,800 +223,600 519,400

Mortgage 0 176,500 176,500
Other debt 0 0 0
Total debt 0 176,500 176,500
Change
Cash 7,000 +15,400 22,400
Investments 35,000 +99,300 134,300
Retirement acc 60,000 +72,700 132,700
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 102,000 +417,400 519,400

Mortgage 0 176,500 176,500
Other debt 0 0 0
Total debt 0 + 176,500 176,500

I am now 34.0% on my way to achive my FIRE target of CAD 850,000. This is 1.1 percentage points closer, compared to the last net worth update.

CAD 289,400 FIRE target: CAD 850,000


34.0%

FI portfolio

My FI portfolio now consists of CAD 134,300 (46.4%) in investments, CAD 132,700 (45.9%) in retirement accounts, and CAD 22,400 (7.7%) in cash.

Investments

Since my last update, my investments increased with CAD 3,600 (2.75%).

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 increased with CAD 3,600 (2.79%).

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 964 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
964/month
(4.0% SWR)
844/month
(3.5% SWR)
723/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 2 years and 1 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 416,500, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 144,100


Financial independence forecast