Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is canadianfiguy's #15 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 207,925 and my FI portfolio increased to CAD 136,206


Net worth

CAD 207,925

Since the last update on my net worth has decreased with CAD -1,875 ( -0.89 %).

FI portfolio

CAD 136,206

Since the last update on my FI portfolio has increased with CAD 6,353 (+ 4.89 %).

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 5,786 +407 6,193
Investments 0 0 0
Retirement acc 124,067 +5,946 130,013
Real estate 310,000 0 310,000
Other assets 9,000 + 1,008 10,008
Total assets 448,853 +7,361 456,214

Mortgage 239,053 -687 238,366
Other debt 0 + 9,923 9,923
Total debt 239,053 + 9,236 248,289
Change
Cash 2,949 +3,244 6,193
Investments 0 0 0
Retirement acc 82,993 +47,020 130,013
Real estate 310,000 0 310,000
Other assets 9,000 + 1,008 10,008
Total assets 404,942 +51,272 456,214

Mortgage 240,000 -1,634 238,366
Other debt 0 + 9,923 9,923
Total debt 240,000 + 8,289 248,289
Change
Cash 600 +5,593 6,193
Investments 2,300 -2,300 0
Retirement acc 75,000 +55,013 130,013
Real estate 310,000 0 310,000
Other assets 10,000 + 8 10,008
Total assets 397,900 +58,314 456,214

Mortgage 240,000 -1,634 238,366
Other debt 0 + 9,923 9,923
Total debt 240,000 + 8,289 248,289

I am now 19.5% on my way to achive my FIRE target of CAD 700,000. This is 0.9 percentage points closer, compared to the last net worth update.

CAD 136,206 FIRE target: CAD 700,000


19.5%

FI portfolio

My FI portfolio now consists of CAD 130,013 (95.5%) in retirement accounts, and CAD 6,193 (4.5%) in cash.

Investments

Since my last update, my investments decreased with CAD 0 (0%).

Since I started tracking, my total contributions have been CAD 20,425, and my total return has been CAD -1,890.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 5,946 (4.79%), of which CAD 2,555 was from contributions , and CAD 2,765 was from returns.

Since I started tracking, my total contributions have been CAD 57,786, and my total return is CAD 45,274.




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

If I quit working today, my monthly pay out would be CAD 454 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
454/month
(4.0% SWR)
397/month
(3.5% SWR)
340/month
(3.0% SWR)


When can I retire?

FI date

My age

50

I am currently aiming to save/invest approximately CAD 2,360 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 700,000 in 6 years and 7 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another CAD 311,520, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 252,274


Financial independence forecast