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Net worth update per


This is canadianfiguy's #24 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 262,471 and my FI portfolio increased to CAD 190,721


Net worth

CAD 262,471

Since the last update on my net worth has decreased with CAD -1,706 ( -0.65 %).

FI portfolio

CAD 190,721

Since the last update on my FI portfolio has increased with CAD 7,885 (+ 4.31 %).

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 6,772 +105 6,877
Investments 10,418 +10,417 20,835
Retirement acc 165,646 -2,637 163,009
Real estate 310,000 0 310,000
Other assets 5,000 0 5,000
Total assets 497,836 +7,885 505,721

Mortgage 232,097 -705 231,392
Other debt 1,562 + 10,296 11,858
Total debt 233,659 + 9,591 243,250
Change
Cash 6,193 +684 6,877
Investments 0 +20,835 20,835
Retirement acc 130,013 +32,996 163,009
Real estate 310,000 0 310,000
Other assets 10,008 -5,008 5,000
Total assets 456,214 +49,507 505,721

Mortgage 238,366 -6,974 231,392
Other debt 9,923 + 1,935 11,858
Total debt 248,289 + -5,039 243,250
Change
Cash 600 +6,277 6,877
Investments 2,300 +18,535 20,835
Retirement acc 75,000 +88,009 163,009
Real estate 310,000 0 310,000
Other assets 10,000 -5,000 5,000
Total assets 397,900 +107,821 505,721

Mortgage 240,000 -8,608 231,392
Other debt 0 + 11,858 11,858
Total debt 240,000 + 3,250 243,250

I am now 27.2% on my way to achive my FIRE target of CAD 700,000. This is 1.1 percentage points closer, compared to the last net worth update.

CAD 190,721 FIRE target: CAD 700,000


27.2%

FI portfolio

My FI portfolio now consists of CAD 20,835 (10.9%) in investments, CAD 163,009 (85.5%) in retirement accounts, and CAD 6,877 (3.6%) in cash.

Investments

Since my last update, my investments increased with CAD 10,417 (99.99%).

Since I started tracking, my total contributions have been CAD 20,425, and my total return has been CAD -1,890.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -2,637 (-1.59%), of which CAD 2,555 was from contributions , and CAD 2,765 was from returns.

Since I started tracking, my total contributions have been CAD 57,786, and my total return is CAD 45,274.




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

If I quit working today, my monthly pay out would be CAD 635 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
635/month
(4.0% SWR)
556/month
(3.5% SWR)
476/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately CAD 2,360 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 700,000 in 7 years and 0 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another CAD 271,400, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 237,879


Financial independence forecast