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Net worth update per March 3rd 2021



This is goal_oriented's #32 net worth update. Please check out my profile here for more information. As of March 3rd 2021, my net worth increased to CAD 206,900 and my FI portfolio increased to CAD 206,900


Net worth

CAD 206,900

Since the last update on February 3rd 2021 my net worth has increased with CAD 7,600 (+ 3.81 %).

FI portfolio

CAD 206,900

Since the last update on February 3rd 2021 my FI portfolio has increased with CAD 7,600 (+ 3.81 %).

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.

I am now 14.8% on my way to achive my FIRE target of CAD 1,400,000. This is 0.5 percentage points closer, compared to the last net worth update.

CAD 206,900 FIRE target: CAD 1,400,000


14.8%


FI portfolio


My FI portfolio now consists of CAD 113,800 (55.0%) in investments, CAD 79,500 (38.4%) in retirement accounts, and CAD 13,600 (6.6%) in cash.

Investments

Since my last update, my investments increased with CAD 200 (0.18%).

Since I started tracking, my total contributions have been CAD 182,867, and my total return has been CAD 319,633.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 4,000 (5.3%).

Since I started tracking, my total contributions have been CAD 126,832, and my total return is CAD 56,668.




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


If I quit working today, my monthly pay out would be CAD 689 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
689/month
(4.0% SWR)
603/month
(3.5% SWR)
517/month
(3.0% SWR)


When can I retire?


FI date

August 2024


My age

32

I am currently aiming to save/invest approximately CAD 25,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,400,000 in 0 years and -9 months, in August 2024, and at that time I will be 32 years old.

By that time I will have invested/saved another CAD 1,025,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 168,100


Financial independence forecast