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This is goal_oriented's #92 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 534,000 and my FI portfolio increased to CAD 472,900


Net worth

CAD 534,000

Since the last update on my net worth has increased with CAD 8,300 (+ 1.58 %).

FI portfolio

CAD 472,900

Since the last update on my FI portfolio has increased with CAD 8,100 (+ 1.74 %).

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 28,400 +3,500 31,900
Investments 227,600 +4,200 231,800
Retirement acc 208,800 +400 209,200
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 694,800 +8,100 702,900

Mortgage 169,100 -200 168,900
Other debt 0 0 0
Total debt 169,100 -200 168,900
Change
Cash 29,900 +2,000 31,900
Investments 185,800 +46,000 231,800
Retirement acc 175,900 +33,300 209,200
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 621,600 +81,300 702,900

Mortgage 170,900 -2,000 168,900
Other debt 0 0 0
Total debt 170,900 -2,000 168,900
Change
Cash 7,000 +24,900 31,900
Investments 35,000 +196,800 231,800
Retirement acc 60,000 +149,200 209,200
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 102,000 +600,900 702,900

Mortgage 0 168,900 168,900
Other debt 0 0 0
Total debt 0 + 168,900 168,900

I am now 55.6% on my way to achive my FIRE target of CAD 850,000. This is 1.0 percentage points closer, compared to the last net worth update.

CAD 472,900 FIRE target: CAD 850,000


55.6%

FI portfolio

My FI portfolio now consists of CAD 231,800 (49.0%) in investments, CAD 209,200 (44.2%) in retirement accounts, and CAD 31,900 (6.7%) in cash.

Investments

Since my last update, my investments increased with CAD 4,200 (1.85%).

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 400 (0.19%).

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 1,576 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,576/month
(4.0% SWR)
1,379/month
(3.5% SWR)
1,182/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 0 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 263,500, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 113,600


Financial independence forecast