This is heenok'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 210,000 and my FI portfolio was CAD 40,000.
I am now 4.0% on my way to achive my FIRE target of CAD 1,000,000.
My FI portfolio now consists of CAD 35,000 (87.5%) in retirement accounts, and CAD 5,000 (12.5%) in cash.
If I quit working today, my monthly pay out would be CAD 133 for the rest of my life.
I am currently aiming to save/invest
approximately CAD
500
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CAD 1,000,000
in 18 years and 6 months,
in , and at that time I will be
60 years old.
By that time I will have invested/saved
another CAD 145,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CAD
815,000