Net worth update per
This is LuckyLuc'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 -16,500 and my FI portfolio was CAD 20,000.
Net worth
CAD -16,500
FI portfolio
CAD 20,000
I am now 2.7% on my way to achive my FIRE target of CAD 750,000.
CAD 20,000 FIRE target: CAD 750,000
FI portfolio
My FI portfolio now consists of CAD 2,500 (12.5%) in investments, CAD 12,500 (62.5%) in retirement accounts, and CAD 5,000 (25.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be CAD 66 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
250
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CAD 750,000
in 24 years and 8 months,
in , and at that time I will be
61 years old.
By that time I will have invested/saved
another CAD 85,500,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CAD
644,500