Net worth update per
This is langtree'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 , my net worth was CAD 1,077,500 and my FI portfolio was CAD 707,500.
Net worth
CAD 1,077,500
FI portfolio
CAD 707,500
I am now 15.1% on my way to achive my FIRE target of CAD 4,700,000.
CAD 707,500 FIRE target: CAD 4,700,000
FI portfolio
My FI portfolio now consists of CAD 17,500 (2.5%) in investments, CAD 670,000 (94.7%) in retirement accounts, and CAD 20,000 (2.8%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be CAD 2,358 for the rest of my life.
Retire today with (CAD)
When can I retire?
FI date
My age
68
I am currently aiming to save/invest
approximately CAD
100
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CAD 4,700,000
in 13 years and 6 months,
in , and at that time I will be
68 years old.
By that time I will have invested/saved
another CAD 23,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CAD
3,969,500