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Net worth update per


This is goal_oriented's #31 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 199,300 and my FI portfolio decreased to CAD 199,300


Net worth

CAD 199,300

Since the last update on my net worth has decreased with CAD -21,300 ( -9.66 %).

FI portfolio

CAD 199,300

Since the last update on my FI portfolio has decreased with CAD -21,300 ( -9.66 %).

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 9,400 +800 10,200
Investments 112,300 +1,300 113,600
Retirement acc 98,900 -23,400 75,500
Real estate 0 0 0
Other assets 0 0 0
Total assets 220,600 -21,300 199,300

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 8,200 +2,000 10,200
Investments 107,000 +6,600 113,600
Retirement acc 92,400 -16,900 75,500
Real estate 0 0 0
Other assets 0 0 0
Total assets 207,600 -8,300 199,300

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 7,000 +3,200 10,200
Investments 35,000 +78,600 113,600
Retirement acc 60,000 +15,500 75,500
Real estate 0 0 0
Other assets 0 0 0
Total assets 102,000 +97,300 199,300

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 23.4% on my way to achive my FIRE target of CAD 850,000. This is -2.5 percentage points closer, compared to the last net worth update.

CAD 199,300 FIRE target: CAD 850,000


23.4%

FI portfolio

My FI portfolio now consists of CAD 113,600 (57.0%) in investments, CAD 75,500 (37.9%) in retirement accounts, and CAD 10,200 (5.1%) in cash.

Investments

Since my last update, my investments increased with CAD 1,300 (1.16%), of which CAD 2,300 was from contributions, and CAD -1,300 was from returns.

Since I started tracking, my total contributions have been CAD 88,290, and my total return has been CAD 36,310.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -23,400 (-23.66%), of which CAD 950 was from contributions , and CAD -950 was from returns.

Since I started tracking, my total contributions have been CAD 94,632, and my total return is CAD 2,668.




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

If I quit working today, my monthly pay out would be CAD 664 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
664/month
(4.0% SWR)
581/month
(3.5% SWR)
498/month
(3.0% SWR)


When can I retire?

FI date

My age

35

I am currently aiming to save/invest approximately CAD 5,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 850,000 in 4 years and 6 months, in , and at that time I will be 35 years old.

By that time I will have invested/saved another CAD 415,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 235,700


Financial independence forecast