Net worth update per
This is student.seeking.fi's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was CAD 78,200 and my FI portfolio was CAD 13,700.
Net worth
CAD 78,200
FI portfolio
CAD 13,700
I am now 0.9% on my way to achive my FIRE target of CAD 1,500,000.
CAD 13,700 FIRE target: CAD 1,500,000
FI portfolio
My FI portfolio now consists of CAD 2,700 (19.7%) in investments, CAD 10,000 (73.0%) in retirement accounts, and CAD 1,000 (7.3%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be CAD 45 for the rest of my life.
Retire today with (CAD)
When can I retire?
FI date
My age
61
I am currently aiming to save/invest
approximately CAD
300
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CAD 1,500,000
in 29 years and 2 months,
in , and at that time I will be
61 years old.
By that time I will have invested/saved
another CAD 124,800,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CAD
1,361,500