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Net worth update per


This is gammj's #174 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 959,536 and my FI portfolio increased to CAD 839,454


Net worth

CAD 959,536

Since the last update on my net worth has increased with CAD 28,465 (+ 3.06 %).

FI portfolio

CAD 839,454

Since the last update on my FI portfolio has increased with CAD 28,120 (+ 3.47 %).

The per-day change in net worth between the reported periods are shown in the plot below.


And the development and changes between each net worth reporting is shown in the tables below.

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in CAD.
Change
Cash 67,687 +5,619 73,306
Investments 253,447 +5,948 259,395
Retirement acc 490,200 +16,553 506,753
Real estate 305,000 0 305,000
Other assets 19,490 0 19,490
Total assets 1,135,824 +28,120 1,163,944

Mortgage 186,789 -279 186,510
Other debt 17,964 -66 17,898
Total debt 204,753 -345 204,408
Change
Cash 99,834 -26,528 73,306
Investments 224,463 +34,932 259,395
Retirement acc 494,590 +12,163 506,753
Real estate 305,000 0 305,000
Other assets 19,490 0 19,490
Total assets 1,143,377 +20,567 1,163,944

Mortgage 186,037 473 186,510
Other debt 19,847 -1,949 17,898
Total debt 205,884 -1,476 204,408
Change
Cash 14,284 +59,022 73,306
Investments 0 +259,395 259,395
Retirement acc 3,331 +503,422 506,753
Real estate 0 + 305,000 305,000
Other assets 0 + 19,490 19,490
Total assets 17,615 +1,146,329 1,163,944

Mortgage 0 186,510 186,510
Other debt 0 + 17,898 17,898
Total debt 0 + 204,408 204,408

I am now 48.0% on my way to achive my FIRE target of CAD 1,750,000. This is 1.6 percentage points closer, compared to the last net worth update.

CAD 839,454 FIRE target: CAD 1,750,000


48.0%

FI portfolio

My FI portfolio now consists of CAD 259,395 (30.9%) in investments, CAD 506,753 (60.4%) in retirement accounts, and CAD 73,306 (8.7%) in cash.

Investments

Since my last update, my investments increased with CAD 5,948 (2.35%), of which CAD 5 was from contributions, and CAD -14,929 was from returns.

Since I started tracking, my total contributions have been CAD 189, and my total return has been CAD 476,868.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 16,553 (3.38%), of which CAD 5 was from contributions , and CAD -28,881 was from returns.

Since I started tracking, my total contributions have been CAD 189, and my total return is CAD 1,021,955.




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

If I quit working today, my monthly pay out would be CAD 2,798 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
2,798/month
(4.0% SWR)
2,448/month
(3.5% SWR)
2,098/month
(3.0% SWR)


When can I retire?

FI date

My age

53

I am currently aiming to save/invest approximately CAD 461 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,750,000 in 5 years and 6 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another CAD 57,164, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 853,382


Financial independence forecast