This is Robbiedobbie'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 560,534 and my FI portfolio was CAD 493,784.
I am now 24.7% on my way to achive my FIRE target of CAD 2,000,000.
My FI portfolio now consists of CAD 47,166 (9.6%) in investments, CAD 410,138 (83.1%) in retirement accounts, and CAD 36,480 (7.4%) in cash.
If I quit working today, my monthly pay out would be CAD 1,645 for the rest of my life.
I am currently aiming to save/invest
approximately CAD
2,000
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CAD 2,000,000
in 7 years and 10 months,
in , and at that time I will be
47 years old.
By that time I will have invested/saved
another CAD 276,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CAD
1,230,216