This is MoMoneyMoProblems'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 2019-01-20T00:00:00Z, my net worth was CAD 30,500 and my FI portfolio was CAD 39,000.
I am now 2.6% on my way to achive my FIRE target of CAD 1,500,000.
My FI portfolio now consists of CAD 15,000 (38.5%) in investments, CAD 15,000 (38.5%) in retirement accounts, and CAD 9,000 (23.1%) in cash.
If I quit working today, my monthly pay out would be CAD 130 for the rest of my life.
I am currently aiming to save/invest
Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,500,000 in 11 years and 0 months, in 2034-10-20T00:00:00Z, and at that time I will be 38 years old.
By that time I will have invested/saved another CAD 850,500, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 610,500