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Net worth update per


This is gammj's #175 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 983,491 and my FI portfolio increased to CAD 863,042


Net worth

CAD 983,491

Since the last update on my net worth has increased with CAD 23,955 (+ 2.5 %).

FI portfolio

CAD 863,042

Since the last update on my FI portfolio has increased with CAD 23,588 (+ 2.81 %).

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 73,306 +2,719 76,025
Investments 259,395 +6,567 265,962
Retirement acc 506,753 +14,302 521,055
Real estate 305,000 0 305,000
Other assets 19,490 0 19,490
Total assets 1,163,944 +23,588 1,187,532

Mortgage 186,510 -223 186,287
Other debt 17,898 -144 17,754
Total debt 204,408 -367 204,041
Change
Cash 99,834 -23,809 76,025
Investments 224,463 +41,499 265,962
Retirement acc 494,590 +26,465 521,055
Real estate 305,000 0 305,000
Other assets 19,490 0 19,490
Total assets 1,143,377 +44,155 1,187,532

Mortgage 186,037 250 186,287
Other debt 19,847 -2,093 17,754
Total debt 205,884 -1,843 204,041
Change
Cash 14,284 +61,741 76,025
Investments 0 +265,962 265,962
Retirement acc 3,331 +517,724 521,055
Real estate 0 + 305,000 305,000
Other assets 0 + 19,490 19,490
Total assets 17,615 +1,169,917 1,187,532

Mortgage 0 186,287 186,287
Other debt 0 + 17,754 17,754
Total debt 0 + 204,041 204,041

I am now 49.3% on my way to achive my FIRE target of CAD 1,750,000. This is 1.3 percentage points closer, compared to the last net worth update.

CAD 863,042 FIRE target: CAD 1,750,000


49.3%

FI portfolio

My FI portfolio now consists of CAD 265,962 (30.8%) in investments, CAD 521,055 (60.4%) in retirement accounts, and CAD 76,025 (8.8%) in cash.

Investments

Since my last update, my investments increased with CAD 6,567 (2.53%), of which CAD 5 was from contributions, and CAD 8,486 was from returns.

Since I started tracking, my total contributions have been CAD 134, and my total return has been CAD 393,617.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 14,302 (2.82%), of which CAD 5 was from contributions , and CAD 28,270 was from returns.

Since I started tracking, my total contributions have been CAD 134, and my total return is CAD 871,403.




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

If I quit working today, my monthly pay out would be CAD 2,876 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
2,876/month
(4.0% SWR)
2,517/month
(3.5% SWR)
2,157/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 6 years and 4 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another CAD 55,320, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 831,638


Financial independence forecast