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 2003-01-31T00:00:00Z, my net worth was CAD 17,615 and my FI portfolio was CAD 17,615.
I am now 1.0% on my way to achive my FIRE target of CAD 1,750,000.
My FI portfolio now consists of CAD 3,331 (18.9%) in retirement accounts, and CAD 14,284 (81.1%) in cash.
If I quit working today, my monthly pay out would be CAD 58 for the rest of my life.
I am currently aiming to save/invest
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 23 years and 8 months, in 2047-02-28T00:00:00Z, 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