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Net worth update per


This is gammj's #15 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 60,450 and my FI portfolio increased to CAD 22,057


Net worth

CAD 60,450

Since the last update on my net worth has increased with CAD 4,117 (+ 7.31 %).

FI portfolio

CAD 22,057

Since the last update on my FI portfolio has increased with CAD 811 (+ 3.82 %).

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 0 0 0
Investments 0 0 0
Retirement acc 21,246 +811 22,057
Real estate 120,000 0 120,000
Other assets 0 0 0
Total assets 141,246 +811 142,057

Mortgage 84,913 -3,306 81,607
Other debt 0 0 0
Total debt 84,913 -3,306 81,607
Change
Cash 0 0 0
Investments 0 0 0
Retirement acc 14,710 +7,347 22,057
Real estate 120,000 0 120,000
Other assets 0 0 0
Total assets 134,710 +7,347 142,057

Mortgage 84,913 -3,306 81,607
Other debt 0 0 0
Total debt 84,913 -3,306 81,607
Change
Cash 14,284 -14,284 0
Investments 0 0 0
Retirement acc 3,331 +18,726 22,057
Real estate 0 + 120,000 120,000
Other assets 0 0 0
Total assets 17,615 +124,442 142,057

Mortgage 0 81,607 81,607
Other debt 0 0 0
Total debt 0 + 81,607 81,607

I am now 1.3% on my way to achive my FIRE target of CAD 1,750,000. This is 0.0 percentage points closer, compared to the last net worth update.

CAD 22,057 FIRE target: CAD 1,750,000


1.3%

FI portfolio

My FI portfolio now consists of CAD 22,057 (100.0%) in retirement accounts, and CAD 0 (0.0%) in cash.

Investments

Since my last update, my investments decreased with CAD 0 (0%), of which CAD 5 was from contributions, and CAD 8,403 was from returns.

Since I started tracking, my total contributions have been CAD 154, and my total return has been CAD 440,786.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 811 (3.82%), of which CAD 5 was from contributions , and CAD 35,721 was from returns.

Since I started tracking, my total contributions have been CAD 154, and my total return is CAD 923,459.




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

If I quit working today, my monthly pay out would be CAD 73 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
73/month
(4.0% SWR)
64/month
(3.5% SWR)
55/month
(3.0% SWR)


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 8 months, in , and at that time I will be 70 years old.

By that time I will have invested/saved another CAD 229,578, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,498,365


Financial independence forecast