This is MoMoneyMoProblems's #7 net worth update. Please check out my profile here for more information. As of 2020-12-01T00:00:00Z, my net worth increased to CAD 140,800 and my FI portfolio increased to CAD 140,800
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.
I am now 9.4% on my way to achive my FIRE target of CAD 1,500,000. This is 0.6 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of CAD 89,800 (63.8%) in investments, CAD 50,700 (36.0%) in retirement accounts, and CAD 300 (0.2%) in cash.
Since my last update, my investments increased with CAD 7,800 (9.51%).
Since my last update, my retirement accounts increased with CAD 5,200 (11.43%).
If I quit working today, my monthly pay out would be CAD 469 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 2 months, in 2034-12-01T00:00:00Z, and at that time I will be 38 years old.
By that time I will have invested/saved another CAD 756,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 603,200