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Net worth update per


This is gammj's #171 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 902,812 and my FI portfolio increased to CAD 785,616


Net worth

CAD 902,812

Since the last update on my net worth has increased with CAD 70,286 (+ 8.44 %).

FI portfolio

CAD 785,616

Since the last update on my FI portfolio has increased with CAD 72,141 (+ 10.11 %).

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 66,899 +971 67,870
Investments 222,103 +29,029 251,132
Retirement acc 424,473 +42,141 466,614
Real estate 305,000 0 305,000
Other assets 19,490 0 19,490
Total assets 1,037,965 +72,141 1,110,106

Mortgage 185,236 2,011 187,247
Other debt 20,203 -156 20,047
Total debt 205,439 1,855 207,294
Change
Cash 99,834 -31,964 67,870
Investments 224,463 +26,669 251,132
Retirement acc 494,590 -27,976 466,614
Real estate 305,000 0 305,000
Other assets 19,490 0 19,490
Total assets 1,143,377 -33,271 1,110,106

Mortgage 186,037 1,210 187,247
Other debt 19,847 + 200 20,047
Total debt 205,884 + 1,410 207,294
Change
Cash 14,284 +53,586 67,870
Investments 0 +251,132 251,132
Retirement acc 3,331 +463,283 466,614
Real estate 0 + 305,000 305,000
Other assets 0 + 19,490 19,490
Total assets 17,615 +1,092,491 1,110,106

Mortgage 0 187,247 187,247
Other debt 0 + 20,047 20,047
Total debt 0 + 207,294 207,294

I am now 44.9% on my way to achive my FIRE target of CAD 1,750,000. This is 4.1 percentage points closer, compared to the last net worth update.

CAD 785,616 FIRE target: CAD 1,750,000


44.9%

FI portfolio

My FI portfolio now consists of CAD 251,132 (32.0%) in investments, CAD 466,614 (59.4%) in retirement accounts, and CAD 67,870 (8.6%) in cash.

Investments

Since my last update, my investments increased with CAD 29,029 (13.07%), of which CAD 5 was from contributions, and CAD -14,929 was from returns.

Since I started tracking, my total contributions have been CAD 189, and my total return has been CAD 476,868.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 42,141 (9.93%), of which CAD 5 was from contributions , and CAD -28,881 was from returns.

Since I started tracking, my total contributions have been CAD 189, and my total return is CAD 1,021,955.




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

If I quit working today, my monthly pay out would be CAD 2,618 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
2,618/month
(4.0% SWR)
2,291/month
(3.5% SWR)
1,964/month
(3.0% SWR)


When can I retire?

FI date

My age

54

I am currently aiming to save/invest approximately CAD 461 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,750,000 in 6 years and 2 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another CAD 62,235, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 902,149


Financial independence forecast