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Net worth update per


This is gammj's #41 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 144,294 and my FI portfolio increased to CAD 53,961


Net worth

CAD 144,294

Since the last update on my net worth has increased with CAD 1,965 (+ 1.38 %).

FI portfolio

CAD 53,961

Since the last update on my FI portfolio has increased with CAD 20 (+ 0.04 %).

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 3,959 -2,194 1,765
Investments 0 0 0
Retirement acc 49,982 +2,214 52,196
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 174,941 +20 174,961

Mortgage 32,612 -1,945 30,667
Other debt 0 0 0
Total debt 32,612 -1,945 30,667
Change
Cash 3,112 -1,347 1,765
Investments 0 0 0
Retirement acc 43,588 +8,608 52,196
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 167,700 +7,261 174,961

Mortgage 35,214 -4,547 30,667
Other debt 0 0 0
Total debt 35,214 -4,547 30,667
Change
Cash 14,284 -12,519 1,765
Investments 0 0 0
Retirement acc 3,331 +48,865 52,196
Real estate 0 + 121,000 121,000
Other assets 0 0 0
Total assets 17,615 +157,346 174,961

Mortgage 0 30,667 30,667
Other debt 0 0 0
Total debt 0 + 30,667 30,667

I am now 3.1% 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 53,961 FIRE target: CAD 1,750,000


3.1%

FI portfolio

My FI portfolio now consists of CAD 52,196 (96.7%) in retirement accounts, and CAD 1,765 (3.3%) 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 2,214 (4.43%), 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 179 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
179/month
(4.0% SWR)
157/month
(3.5% SWR)
134/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 22 years and 10 months, in , and at that time I will be 70 years old.

By that time I will have invested/saved another CAD 208,833, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,487,206


Financial independence forecast