Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is gammj's #26 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 117,649 and my FI portfolio increased to CAD 43,386


Net worth

CAD 117,649

Since the last update on my net worth has increased with CAD 1,761 (+ 1.52 %).

FI portfolio

CAD 43,386

Since the last update on my FI portfolio has increased with CAD 1,143 (+ 2.71 %).

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 595 +372 967
Investments 0 0 0
Retirement acc 41,648 +771 42,419
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 163,243 +1,143 164,386

Mortgage 47,355 -618 46,737
Other debt 0 0 0
Total debt 47,355 -618 46,737
Change
Cash 2,631 -1,664 967
Investments 0 0 0
Retirement acc 40,051 +2,368 42,419
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 163,682 +704 164,386

Mortgage 48,938 -2,201 46,737
Other debt 0 0 0
Total debt 48,938 -2,201 46,737
Change
Cash 14,284 -13,317 967
Investments 0 0 0
Retirement acc 3,331 +39,088 42,419
Real estate 0 + 121,000 121,000
Other assets 0 0 0
Total assets 17,615 +146,771 164,386

Mortgage 0 46,737 46,737
Other debt 0 0 0
Total debt 0 + 46,737 46,737

I am now 2.5% on my way to achive my FIRE target of CAD 1,750,000. This is 0.1 percentage points closer, compared to the last net worth update.

CAD 43,386 FIRE target: CAD 1,750,000


2.5%

FI portfolio

My FI portfolio now consists of CAD 42,419 (97.8%) in retirement accounts, and CAD 967 (2.2%) in cash.

Investments

Since my last update, my investments decreased with CAD 0 (0%), of which CAD 5 was from contributions, and CAD 18,249 was from returns.

Since I started tracking, my total contributions have been CAD 174, and my total return has been CAD 485,909.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 771 (1.85%), of which CAD 5 was from contributions , and CAD 48,483 was from returns.

Since I started tracking, my total contributions have been CAD 174, and my total return is CAD 1,002,558.




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

If I quit working today, my monthly pay out would be CAD 144 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
144/month
(4.0% SWR)
126/month
(3.5% SWR)
108/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 0 months, in , and at that time I will be 69 years old.

By that time I will have invested/saved another CAD 214,826, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,491,788


Financial independence forecast