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Net worth update per


This is MoMoneyMoProblems's #11 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 198,150 and my FI portfolio increased to CAD 100,650


Net worth

CAD 198,150

Since the last update on my net worth has increased with CAD 9,300 (+ 4.92 %).

FI portfolio

CAD 100,650

Since the last update on my FI portfolio has increased with CAD 6,800 (+ 7.25 %).

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 8,000 0 8,000
Investments 17,150 +2,950 20,100
Retirement acc 68,700 +3,850 72,550
Real estate 240,000 + 1,500 241,500
Other assets 0 0 0
Total assets 333,850 +8,300 342,150

Mortgage 145,000 -1,000 144,000
Other debt 0 0 0
Total debt 145,000 -1,000 144,000
Change
Cash 250 +7,750 8,000
Investments 93,800 -73,700 20,100
Retirement acc 51,500 +21,050 72,550
Real estate 0 + 241,500 241,500
Other assets 0 0 0
Total assets 145,550 +196,600 342,150

Mortgage 0 144,000 144,000
Other debt 1,500 -1,500 0
Total debt 1,500 142,500 144,000
Change
Cash 9,000 -1,000 8,000
Investments 15,000 +5,100 20,100
Retirement acc 15,000 +57,550 72,550
Real estate 0 + 241,500 241,500
Other assets 0 0 0
Total assets 39,000 +303,150 342,150

Mortgage 0 144,000 144,000
Other debt 8,500 -8,500 0
Total debt 8,500 + 135,500 144,000

I am now 6.7% on my way to achive my FIRE target of CAD 1,500,000. This is 0.5 percentage points closer, compared to the last net worth update.

CAD 100,650 FIRE target: CAD 1,500,000


6.7%

FI portfolio

My FI portfolio now consists of CAD 20,100 (20.0%) in investments, CAD 72,550 (72.1%) in retirement accounts, and CAD 8,000 (7.9%) in cash.

Investments

Since my last update, my investments increased with CAD 2,950 (17.2%).

Retirement accounts

Since my last update, my retirement accounts increased with CAD 3,850 (5.6%).




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

If I quit working today, my monthly pay out would be CAD 335 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
335/month
(4.0% SWR)
293/month
(3.5% SWR)
251/month
(3.0% SWR)


When can I retire?

FI date

My age

40

I am currently aiming to save/invest approximately CAD 4,500 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,500,000 in 12 years and 0 months, in , and at that time I will be 40 years old.

By that time I will have invested/saved another CAD 792,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 607,350


Financial independence forecast