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Net worth update per


This is gammj's #162 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 910,324 and my FI portfolio increased to CAD 782,940


Net worth

CAD 910,324

Since the last update on my net worth has increased with CAD 4,744 (+ 0.52 %).

FI portfolio

CAD 782,940

Since the last update on my FI portfolio has increased with CAD 5,843 (+ 0.75 %).

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 100,886 +2,487 103,373
Investments 218,010 +216 218,226
Retirement acc 458,201 +3,140 461,341
Real estate 305,000 0 305,000
Other assets 28,203 -1,455 26,748
Total assets 1,110,300 +4,388 1,114,688

Mortgage 187,105 -184 186,921
Other debt 17,615 -172 17,443
Total debt 204,720 -356 204,364
Change
Cash 2,633 +100,740 103,373
Investments 216,184 +2,042 218,226
Retirement acc 358,126 +103,215 461,341
Real estate 121,000 + 184,000 305,000
Other assets 22,000 + 4,748 26,748
Total assets 719,943 +394,745 1,114,688

Mortgage 95,106 91,815 186,921
Other debt 17,483 -40 17,443
Total debt 112,589 91,775 204,364
Change
Cash 14,284 +89,089 103,373
Investments 0 +218,226 218,226
Retirement acc 3,331 +458,010 461,341
Real estate 0 + 305,000 305,000
Other assets 0 + 26,748 26,748
Total assets 17,615 +1,097,073 1,114,688

Mortgage 0 186,921 186,921
Other debt 0 + 17,443 17,443
Total debt 0 + 204,364 204,364

I am now 35.3% on my way to achive my FIRE target of CAD 2,219,951. This is 0.3 percentage points closer, compared to the last net worth update.

CAD 782,940 FIRE target: CAD 2,219,951


35.3%

FI portfolio

My FI portfolio now consists of CAD 218,226 (27.9%) in investments, CAD 461,341 (58.9%) in retirement accounts, and CAD 103,373 (13.2%) in cash.

Investments

Since my last update, my investments increased with CAD 216 (0.1%), of which CAD 5 was from contributions, and CAD 5,301 was from returns.

Since I started tracking, my total contributions have been CAD 209, and my total return has been CAD 502,780.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 3,140 (0.69%), of which CAD 5 was from contributions , and CAD 23,357 was from returns.

Since I started tracking, my total contributions have been CAD 209, and my total return is CAD 1,115,177.




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

If I quit working today, my monthly pay out would be CAD 2,609 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
2,609/month
(4.0% SWR)
2,283/month
(3.5% SWR)
1,957/month
(3.0% SWR)


When can I retire?

FI date

My age

57

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 2,219,951 in 8 years and 10 months, in , and at that time I will be 57 years old.

By that time I will have invested/saved another CAD 82,980, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,354,031


Financial independence forecast