Net worth update per



This is my #16 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 141,400 and my FI portfolio increased to CAD 141,400


Net worth

CAD 141,400

Since the last update on my net worth has increased with CAD 14,500 (+ 11.43 %).

FI portfolio

CAD 141,400

Since the last update on my FI portfolio has increased with CAD 14,500 (+ 11.43 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in CAD.

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.

CAD 141,400 FIRE target: CAD 850,000


16.6%


FI portfolio


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.

Investments

Since my last update, my investments increased with CAD 6,200 (12.58%), of which CAD 4,900 was from contributions, and CAD 1,300 was from returns.

Since I started tracking, my total contributions have been CAD 9,890, and my total return has been CAD 10,610.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 8,300 (11.96%), of which CAD 2,000 was from contributions , and CAD 6,300 was from returns.

Since I started tracking, my total contributions have been CAD 11,772, and my total return is CAD 5,928.




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


If I quit working today, my monthly pay out would be CAD 471 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
471/month
(4.0% SWR)
412/month
(3.5% SWR)
353/month
(3.0% SWR)


When can I retire?


FI date


My age

35

I am currently aiming to save/invest approximately CAD 5,400 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 7 years and 3 months, in , 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


Financial independence forecast