Net worth update per
This is gammj'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 17,615 and my FI portfolio was CAD 17,615.
Net worth
CAD 17,615
FI portfolio
CAD 17,615
I am now 1.0% on my way to achive my FIRE target of CAD 1,750,000.
CAD 17,615 FIRE target: CAD 1,750,000
FI portfolio
My FI portfolio now consists of CAD 3,331 (18.9%) in retirement accounts, and CAD 14,284 (81.1%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be CAD 58 for the rest of my life.
Retire today with (CAD)
When can I retire?
FI date
My age
70
I am currently aiming to save/invest
approximately CAD
461
each month.
Assuming an annual return of
7% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CAD 1,750,000
in 22 years and 10 months,
in , and at that time I will be
70 years old.
By that time I will have invested/saved
another CAD 243,869,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CAD
1,488,516