This is my #16 net worth update. Please check out my profile here for more information. As of 2020-05-16T00:00:00Z, my net worth increased to CAD 141,400 and my FI portfolio increased to CAD 141,400
I am now 16.6% on my way to achive my FIRE target of CAD 850,000. This is 1.7 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of CAD 55,500 (39.3%) in investments, CAD 77,700 (55.0%) in retirement accounts, and CAD 8,200 (5.8%) in cash.
Since my last update, my investments
with CAD 6,200
(12.58%), of which
contributions, and CAD
1,300 was from
Since I started tracking, my total contributions have been CAD 9,890, and my total return has been CAD 10,610.
Since my last update, my retirement accounts
with CAD 8,300
(11.96%), of which
, and CAD
6,300 was from
Since I started tracking, my total contributions have been CAD 11,772, and my total return is CAD 5,928.
If I quit working today, my monthly pay out would be CAD 471 for the rest of my life.
I am currently aiming to save/invest
approximately CAD 5,400
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 7 years and 3 months, in 2027-09-16T00:00:00Z, and at that time I will be 35 years old.
By that time I will have invested/saved another CAD 475,200, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 233,400