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Net worth update per


This is gammj's #21 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 95,041 and my FI portfolio increased to CAD 36,678


Net worth

CAD 95,041

Since the last update on my net worth has decreased with CAD -850 ( -0.89 %).

FI portfolio

CAD 36,678

Since the last update on my FI portfolio has increased with CAD 150 (+ 0.41 %).

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 36,528 +150 36,678
Real estate 121,000 -1,000 120,000
Other assets 0 0 0
Total assets 157,528 -850 156,678

Mortgage 61,637 0 61,637
Other debt 0 0 0
Total debt 61,637 0 61,637
Change
Cash 0 0 0
Investments 0 0 0
Retirement acc 30,996 +5,682 36,678
Real estate 120,000 0 120,000
Other assets 0 0 0
Total assets 150,996 +5,682 156,678

Mortgage 61,637 0 61,637
Other debt 0 0 0
Total debt 61,637 0 61,637
Change
Cash 14,284 -14,284 0
Investments 0 0 0
Retirement acc 3,331 +33,347 36,678
Real estate 0 + 120,000 120,000
Other assets 0 0 0
Total assets 17,615 +139,063 156,678

Mortgage 0 61,637 61,637
Other debt 0 0 0
Total debt 0 + 61,637 61,637

I am now 2.1% 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 36,678 FIRE target: CAD 1,750,000


2.1%

FI portfolio

My FI portfolio now consists of CAD 36,678 (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 -6,585 was from returns.

Since I started tracking, my total contributions have been CAD 139, and my total return has been CAD 387,032.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 150 (0.41%), of which CAD 5 was from contributions , and CAD -15,848 was from returns.

Since I started tracking, my total contributions have been CAD 139, and my total return is CAD 855,555.




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

If I quit working today, my monthly pay out would be CAD 122 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
122/month
(4.0% SWR)
106/month
(3.5% SWR)
91/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 6 months, in , and at that time I will be 69 years old.

By that time I will have invested/saved another CAD 218,514, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,494,808


Financial independence forecast