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Net worth update per


This is gammj's #37 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 127,741 and my FI portfolio decreased to CAD 41,083


Net worth

CAD 127,741

Since the last update on my net worth has decreased with CAD -280 ( -0.22 %).

FI portfolio

CAD 41,083

Since the last update on my FI portfolio has decreased with CAD -774 ( -1.85 %).

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 802 +411 1,213
Investments 0 0 0
Retirement acc 41,055 -1,185 39,870
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 162,857 -774 162,083

Mortgage 34,836 -494 34,342
Other debt 0 0 0
Total debt 34,836 -494 34,342
Change
Cash 3,112 -1,899 1,213
Investments 0 0 0
Retirement acc 43,588 -3,718 39,870
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 167,700 -5,617 162,083

Mortgage 35,214 -872 34,342
Other debt 0 0 0
Total debt 35,214 -872 34,342
Change
Cash 14,284 -13,071 1,213
Investments 0 0 0
Retirement acc 3,331 +36,539 39,870
Real estate 0 + 121,000 121,000
Other assets 0 0 0
Total assets 17,615 +144,468 162,083

Mortgage 0 34,342 34,342
Other debt 0 0 0
Total debt 0 + 34,342 34,342

I am now 2.3% 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 41,083 FIRE target: CAD 1,750,000


2.3%

FI portfolio

My FI portfolio now consists of CAD 39,870 (97.0%) in retirement accounts, and CAD 1,213 (3.0%) in cash.

Investments

Since my last update, my investments decreased with CAD 0 (0%), of which CAD 5 was from contributions, and CAD 8,486 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 decreased with CAD -1,185 (-2.89%), 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 136 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
136/month
(4.0% SWR)
119/month
(3.5% SWR)
102/month
(3.0% SWR)


When can I retire?

FI date

My age

71

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 23 years and 11 months, in , and at that time I will be 71 years old.

By that time I will have invested/saved another CAD 216,670, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,492,247


Financial independence forecast