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Net worth update per


This is gammj's #29 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 126,275 and my FI portfolio increased to CAD 46,706


Net worth

CAD 126,275

Since the last update on my net worth has increased with CAD 4,104 (+ 3.36 %).

FI portfolio

CAD 46,706

Since the last update on my FI portfolio has increased with CAD 986 (+ 2.16 %).

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 1,755 +57 1,812
Investments 0 0 0
Retirement acc 43,965 +929 44,894
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 166,720 +986 167,706

Mortgage 44,549 -3,118 41,431
Other debt 0 0 0
Total debt 44,549 -3,118 41,431
Change
Cash 2,631 -819 1,812
Investments 0 0 0
Retirement acc 40,051 +4,843 44,894
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 163,682 +4,024 167,706

Mortgage 48,938 -7,507 41,431
Other debt 0 0 0
Total debt 48,938 -7,507 41,431
Change
Cash 14,284 -12,472 1,812
Investments 0 0 0
Retirement acc 3,331 +41,563 44,894
Real estate 0 + 121,000 121,000
Other assets 0 0 0
Total assets 17,615 +150,091 167,706

Mortgage 0 41,431 41,431
Other debt 0 0 0
Total debt 0 + 41,431 41,431

I am now 2.7% 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 46,706 FIRE target: CAD 1,750,000


2.7%

FI portfolio

My FI portfolio now consists of CAD 44,894 (96.1%) in retirement accounts, and CAD 1,812 (3.9%) in cash.

Investments

Since my last update, my investments decreased with CAD 0 (0%), of which CAD 5 was from contributions, and CAD 8,486 was from returns.

Since I started tracking, my total contributions have been CAD 134, and my total return has been CAD 393,617.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 929 (2.11%), of which CAD 5 was from contributions , and CAD 28,270 was from returns.

Since I started tracking, my total contributions have been CAD 134, and my total return is CAD 871,403.




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

If I quit working today, my monthly pay out would be CAD 155 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
155/month
(4.0% SWR)
136/month
(3.5% SWR)
116/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 7 months, in , and at that time I will be 69 years old.

By that time I will have invested/saved another CAD 212,982, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,490,312


Financial independence forecast