Net worth update per



This is my #22 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 172,800 and my FI portfolio increased to CAD 172,800


Net worth

CAD 172,800

Since the last update on my net worth has increased with CAD 2,100 (+ 1.23 %).

FI portfolio

CAD 172,800

Since the last update on my FI portfolio has increased with CAD 2,100 (+ 1.23 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in CAD.

I am now 20.3% on my way to achive my FIRE target of CAD 850,000. This is 0.2 percentage points closer, compared to the last net worth update.

CAD 172,800 FIRE target: CAD 850,000


20.3%


FI portfolio


My FI portfolio now consists of CAD 79,700 (46.1%) in investments, CAD 84,900 (49.1%) in retirement accounts, and CAD 8,200 (4.7%) in cash.

Investments

Since my last update, my investments increased with CAD 2,300 (2.97%), of which CAD 3,200 was from contributions, and CAD -900 was from returns.

Since I started tracking, my total contributions have been CAD 28,490, and my total return has been CAD 16,210.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -200 (-0.24%), of which CAD 700 was from contributions , and CAD -900 was from returns.

Since I started tracking, my total contributions have been CAD 15,302, and my total return is CAD 9,598.




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


If I quit working today, my monthly pay out would be CAD 576 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
576/month
(4.0% SWR)
504/month
(3.5% SWR)
432/month
(3.0% SWR)


When can I retire?


FI date


My age

35

I am currently aiming to save/invest approximately CAD 5,500 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 850,000 in 6 years and 9 months, in , and at that time I will be 35 years old.

By that time I will have invested/saved another CAD 451,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 226,200


Financial independence forecast