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Net worth update per


This is gammj's #10 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 57,185 and my FI portfolio increased to CAD 57,185


Net worth

CAD 57,185

Since the last update on my net worth has increased with CAD 9,901 (+ 20.94 %).

FI portfolio

CAD 57,185

Since the last update on my FI portfolio has increased with CAD 9,901 (+ 20.94 %).

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.
Change
Cash 35,710 +7,142 42,852
Investments 0 0 0
Retirement acc 11,574 +2,759 14,333
Real estate 0 0 0
Other assets 0 0 0
Total assets 47,284 +9,901 57,185

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 28,568 +14,284 42,852
Investments 0 0 0
Retirement acc 8,455 +5,878 14,333
Real estate 0 0 0
Other assets 0 0 0
Total assets 37,023 +20,162 57,185

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 14,284 +28,568 42,852
Investments 0 0 0
Retirement acc 3,331 +11,002 14,333
Real estate 0 0 0
Other assets 0 0 0
Total assets 17,615 +39,570 57,185

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 3.3% on my way to achive my FIRE target of CAD 1,750,000. This is 0.6 percentage points closer, compared to the last net worth update.

CAD 57,185 FIRE target: CAD 1,750,000


3.3%

FI portfolio

My FI portfolio now consists of CAD 14,333 (25.1%) in retirement accounts, and CAD 42,852 (74.9%) in cash.

Investments

Since my last update, my investments decreased with CAD 0 (0%), of which CAD 5 was from contributions, and CAD 8,381 was from returns.

Since I started tracking, my total contributions have been CAD 83, and my total return has been CAD 374,371.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 2,759 (23.84%), of which CAD 5 was from contributions , and CAD 19,479 was from returns.

Since I started tracking, my total contributions have been CAD 83, and my total return is CAD 738,708.




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

If I quit working today, my monthly pay out would be CAD 190 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
190/month
(4.0% SWR)
166/month
(3.5% SWR)
142/month
(3.0% SWR)


When can I retire?

FI date

My age

69

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 69 years old.

By that time I will have invested/saved another CAD 231,422, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,461,393


Financial independence forecast