This is seshwan'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 275,000 and my FI portfolio was CAD 274,000.
I am now 20.3% on my way to achive my FIRE target of CAD 1,350,000.
My FI portfolio now consists of CAD 73,000 (26.6%) in investments, CAD 200,000 (73.0%) in retirement accounts, and CAD 1,000 (0.4%) in cash.
If I quit working today, my monthly pay out would be CAD 913 for the rest of my life.
I am currently aiming to save/invest
approximately CAD
6,800
each month.
Assuming an annual return of
10% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CAD 1,350,000
in 2 years and 2 months,
in , and at that time I will be
42 years old.
By that time I will have invested/saved
another CAD 564,400,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CAD
511,600