Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per



This is SloppyM'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 315,000 and my FI portfolio was CAD 65,000.


Net worth

CAD 315,000

FI portfolio

CAD 65,000

I am now 5.4% on my way to achive my FIRE target of CAD 1,200,000.

CAD 65,000 FIRE target: CAD 1,200,000


5.4%

FI portfolio


My FI portfolio now consists of CAD 10,000 (15.4%) in investments, CAD 50,000 (76.9%) in retirement accounts, and CAD 5,000 (7.7%) in cash.




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



If I quit working today, my monthly pay out would be CAD 216 for the rest of my life.

Retire today with (CAD)
216/month
(4.0% SWR)
189/month
(3.5% SWR)
162/month
(3.0% SWR)


When can I retire?


FI date


My age

38

I am currently aiming to save/invest approximately CAD 4,000 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,200,000 in 6 years and 7 months, in , and at that time I will be 38 years old.

By that time I will have invested/saved another CAD 544,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 591,000


Financial independence forecast