Net worth update per



This is my #34 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 224,300 and my FI portfolio increased to CAD 224,300


Net worth

CAD 224,300

Since the last update on my net worth has increased with CAD 2,500 (+ 1.13 %).

FI portfolio

CAD 224,300

Since the last update on my FI portfolio has increased with CAD 2,500 (+ 1.13 %).

Net worth
FI portfolio

The changes for each asset class is shown in the table below. All numbers are in CAD.

I am now 26.4% on my way to achive my FIRE target of CAD 850,000. This is 0.3 percentage points closer, compared to the last net worth update.

CAD 224,300 FIRE target: CAD 850,000


26.4%


FI portfolio


My FI portfolio now consists of CAD 117,300 (52.3%) in investments, CAD 88,800 (39.6%) in retirement accounts, and CAD 18,200 (8.1%) in cash.

Investments

Since my last update, my investments increased with CAD 2,400 (2.09%).

Since I started tracking, my total contributions have been CAD 48,790, and my total return has been CAD 33,510.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -1,900 (-2.09%), of which CAD 700 was from contributions , and CAD -2,600 was from returns.

Since I started tracking, my total contributions have been CAD 26,332, and my total return is CAD 2,468.




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


If I quit working today, my monthly pay out would be CAD 747 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
747/month
(4.0% SWR)
654/month
(3.5% SWR)
560/month
(3.0% SWR)


When can I retire?


FI date


My age

35

I am currently aiming to save/invest approximately CAD 5,600 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 6 years and 1 months, in , and at that time I will be 35 years old.

By that time I will have invested/saved another CAD 414,400, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 211,300


Financial independence forecast