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Net worth update per


This is gammj's #39 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 137,075 and my FI portfolio increased to CAD 49,305


Net worth

CAD 137,075

Since the last update on my net worth has increased with CAD 3,853 (+ 2.89 %).

FI portfolio

CAD 49,305

Since the last update on my FI portfolio has increased with CAD 3,359 (+ 7.31 %).

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 2,163 -171 1,992
Investments 0 0 0
Retirement acc 43,783 +3,530 47,313
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 166,946 +3,359 170,305

Mortgage 33,724 -494 33,230
Other debt 0 0 0
Total debt 33,724 -494 33,230
Change
Cash 3,112 -1,120 1,992
Investments 0 0 0
Retirement acc 43,588 +3,725 47,313
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 167,700 +2,605 170,305

Mortgage 35,214 -1,984 33,230
Other debt 0 0 0
Total debt 35,214 -1,984 33,230
Change
Cash 14,284 -12,292 1,992
Investments 0 0 0
Retirement acc 3,331 +43,982 47,313
Real estate 0 + 121,000 121,000
Other assets 0 0 0
Total assets 17,615 +152,690 170,305

Mortgage 0 33,230 33,230
Other debt 0 0 0
Total debt 0 + 33,230 33,230

I am now 2.8% on my way to achive my FIRE target of CAD 1,750,000. This is 0.2 percentage points closer, compared to the last net worth update.

CAD 49,305 FIRE target: CAD 1,750,000


2.8%

FI portfolio

My FI portfolio now consists of CAD 47,313 (96.0%) in retirement accounts, and CAD 1,992 (4.0%) 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 increased with CAD 3,530 (8.06%), 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 164 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
164/month
(4.0% SWR)
143/month
(3.5% SWR)
123/month
(3.0% SWR)


When can I retire?

FI date

My age

70

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 2 months, in , and at that time I will be 70 years old.

By that time I will have invested/saved another CAD 211,599, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,489,096


Financial independence forecast