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 #81 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 424,500 and my FI portfolio increased to CAD 366,800


Net worth

CAD 424,500

Since the last update on my net worth has increased with CAD 11,300 (+ 2.73 %).

FI portfolio

CAD 366,800

Since the last update on my FI portfolio has increased with CAD 11,100 (+ 3.12 %).

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 21,700 +2,600 24,300
Investments 170,100 +3,800 173,900
Retirement acc 163,900 +4,700 168,600
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 585,700 +11,100 596,800

Mortgage 172,500 -200 172,300
Other debt 0 0 0
Total debt 172,500 -200 172,300
Change
Cash 21,300 +3,000 24,300
Investments 141,400 +32,500 173,900
Retirement acc 137,300 +31,300 168,600
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 530,000 +66,800 596,800

Mortgage 176,200 -3,900 172,300
Other debt 0 0 0
Total debt 176,200 -3,900 172,300
Change
Cash 7,000 +17,300 24,300
Investments 35,000 +138,900 173,900
Retirement acc 60,000 +108,600 168,600
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 102,000 +494,800 596,800

Mortgage 0 172,300 172,300
Other debt 0 0 0
Total debt 0 + 172,300 172,300

I am now 43.2% on my way to achive my FIRE target of CAD 850,000. This is 1.3 percentage points closer, compared to the last net worth update.

CAD 366,800 FIRE target: CAD 850,000


43.2%

FI portfolio

My FI portfolio now consists of CAD 173,900 (47.4%) in investments, CAD 168,600 (46.0%) in retirement accounts, and CAD 24,300 (6.6%) in cash.

Investments

Since my last update, my investments increased with CAD 3,800 (2.23%).

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 4,700 (2.87%).

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 1,222 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,222/month
(4.0% SWR)
1,069/month
(3.5% SWR)
917/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 3 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 348,500, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 134,700


Financial independence forecast