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Net worth update per


This is gammj's #178 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 1,041,354 and my FI portfolio increased to CAD 905,481


Net worth

CAD 1,041,354

Since the last update on my net worth has increased with CAD 71,846 (+ 7.41 %).

FI portfolio

CAD 905,481

Since the last update on my FI portfolio has increased with CAD 71,496 (+ 8.57 %).

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 67,988 -1,350 66,638
Investments 262,515 +21,901 284,416
Retirement acc 503,482 +50,945 554,427
Real estate 305,000 0 305,000
Other assets 18,461 0 18,461
Total assets 1,157,446 +71,496 1,228,942

Mortgage 186,924 -226 186,698
Other debt 1,014 -124 890
Total debt 187,938 -350 187,588
Change
Cash 99,834 -33,196 66,638
Investments 224,463 +59,953 284,416
Retirement acc 494,590 +59,837 554,427
Real estate 305,000 0 305,000
Other assets 19,490 -1,029 18,461
Total assets 1,143,377 +85,565 1,228,942

Mortgage 186,037 661 186,698
Other debt 19,847 -18,957 890
Total debt 205,884 -18,296 187,588
Change
Cash 14,284 +52,354 66,638
Investments 0 +284,416 284,416
Retirement acc 3,331 +551,096 554,427
Real estate 0 + 305,000 305,000
Other assets 0 + 18,461 18,461
Total assets 17,615 +1,211,327 1,228,942

Mortgage 0 186,698 186,698
Other debt 0 + 890 890
Total debt 0 + 187,588 187,588

I am now 51.7% on my way to achive my FIRE target of CAD 1,750,000. This is 4.1 percentage points closer, compared to the last net worth update.

CAD 905,481 FIRE target: CAD 1,750,000


51.7%

FI portfolio

My FI portfolio now consists of CAD 284,416 (31.4%) in investments, CAD 554,427 (61.2%) in retirement accounts, and CAD 66,638 (7.4%) in cash.

Investments

Since my last update, my investments increased with CAD 21,901 (8.34%), of which CAD 5 was from contributions, and CAD -14,929 was from returns.

Since I started tracking, my total contributions have been CAD 189, and my total return has been CAD 476,868.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 50,945 (10.12%), of which CAD 5 was from contributions , and CAD -28,881 was from returns.

Since I started tracking, my total contributions have been CAD 189, and my total return is CAD 1,021,955.




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

If I quit working today, my monthly pay out would be CAD 3,018 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
3,018/month
(4.0% SWR)
2,640/month
(3.5% SWR)
2,263/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 4 years and 9 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another CAD 51,171, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 793,348


Financial independence forecast