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Net worth update per



This is LeMic'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 15,200 and my FI portfolio was CAD 15,200.


Net worth

CAD 15,200

FI portfolio

CAD 15,200

I am now 3.0% on my way to achive my FIRE target of CAD 500,000.

CAD 15,200 FIRE target: CAD 500,000


3.0%

FI portfolio


My FI portfolio now consists of and CAD 15,200 (100.0%) in cash.




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



If I quit working today, my monthly pay out would be CAD 50 for the rest of my life.

Retire today with (CAD)
50/month
(4.0% SWR)
44/month
(3.5% SWR)
38/month
(3.0% SWR)


When can I retire?


FI date


My age

31

I am currently aiming to save/invest approximately CAD 2,999 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 500,000 in 0 years and 2 months, in , and at that time I will be 31 years old.

By that time I will have invested/saved another CAD 341,886, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 142,914


Financial independence forecast