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Net worth update per


This is canadianfiguy's #17 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 219,970 and my FI portfolio increased to CAD 152,444


Net worth

CAD 219,970

Since the last update on my net worth has increased with CAD 8,376 (+ 3.96 %).

FI portfolio

CAD 152,444

Since the last update on my FI portfolio has increased with CAD 13,650 (+ 9.83 %).

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 6,503 +312 6,815
Investments 0 +10,008 10,008
Retirement acc 132,291 +3,330 135,621
Real estate 310,000 0 310,000
Other assets 10,008 -6,008 4,000
Total assets 458,802 +7,642 466,444

Mortgage 237,330 -692 236,638
Other debt 9,878 -42 9,836
Total debt 247,208 -734 246,474
Change
Cash 6,193 +622 6,815
Investments 0 +10,008 10,008
Retirement acc 130,013 +5,608 135,621
Real estate 310,000 0 310,000
Other assets 10,008 -6,008 4,000
Total assets 456,214 +10,230 466,444

Mortgage 238,366 -1,728 236,638
Other debt 9,923 -87 9,836
Total debt 248,289 -1,815 246,474
Change
Cash 600 +6,215 6,815
Investments 2,300 +7,708 10,008
Retirement acc 75,000 +60,621 135,621
Real estate 310,000 0 310,000
Other assets 10,000 -6,000 4,000
Total assets 397,900 +68,544 466,444

Mortgage 240,000 -3,362 236,638
Other debt 0 + 9,836 9,836
Total debt 240,000 + 6,474 246,474

I am now 21.8% on my way to achive my FIRE target of CAD 700,000. This is 1.9 percentage points closer, compared to the last net worth update.

CAD 152,444 FIRE target: CAD 700,000


21.8%

FI portfolio

My FI portfolio now consists of CAD 10,008 (6.6%) in investments, CAD 135,621 (89.0%) in retirement accounts, and CAD 6,815 (4.5%) in cash.

Investments

Since my last update, my investments increased with CAD 10,008 (100%).

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 3,330 (2.52%), 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 508 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
508/month
(4.0% SWR)
444/month
(3.5% SWR)
381/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 5 years and 10 months, in , and at that time I will be 50 years old.

By that time I will have invested/saved another CAD 299,720, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 247,836


Financial independence forecast