Net worth update per
This is beerbaron'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 747,000 and my FI portfolio was CAD 672,000.
Net worth
CAD 747,000
FI portfolio
CAD 672,000
I am now 6.7% on my way to achive my FIRE target of CAD 10,000,000.
CAD 672,000 FIRE target: CAD 10,000,000
FI portfolio
My FI portfolio now consists of CAD 510,000 (75.9%) in investments, CAD 156,000 (23.2%) in retirement accounts, and CAD 6,000 (0.9%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be CAD 2,240 for the rest of my life.
Retire today with (CAD)
When can I retire?
FI date
My age
56
I am currently aiming to save/invest
approximately CAD
5,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CAD 10,000,000
in 17 years and 6 months,
in , and at that time I will be
56 years old.
By that time I will have invested/saved
another CAD 1,280,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CAD
8,048,000