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Net worth update per February 1st 2019


This is gammj's #157 net worth update. Please check out my profile here for more information. As of February 1st 2019, my net worth increased to CAD 643,413 and my FI portfolio increased to CAD 596,932


Net worth

CAD 643,413

Since the last update on January 15th 2019 my net worth has increased with CAD 14,703 (+ 2.34 %).

FI portfolio

CAD 596,932

Since the last update on January 15th 2019 my FI portfolio has increased with CAD 16,890 (+ 2.91 %).

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.
15 Jan 19 Change 1 Feb 19
Cash 3,178 -3,178 0
Investments 199,122 +8,450 207,572
Retirement acc 377,742 +11,618 389,360
Real estate 204,500 0 204,500
Other assets 22,000 0 22,000
Total assets 806,542 +16,890 823,432

Mortgage 155,810 4,700 160,510
Other debt 22,022 -2,513 19,509
Total debt 177,832 2,187 180,019
1 Dec 18 Change 1 Feb 19
Cash 2,633 -2,633 0
Investments 216,184 -8,612 207,572
Retirement acc 358,126 +31,234 389,360
Real estate 121,000 + 83,500 204,500
Other assets 22,000 0 22,000
Total assets 719,943 +103,489 823,432

Mortgage 95,106 65,404 160,510
Other debt 17,483 + 2,026 19,509
Total debt 112,589 + 67,430 180,019
31 Jan 03 Change 1 Feb 19
Cash 14,284 -14,284 0
Investments 0 +207,572 207,572
Retirement acc 3,331 +386,029 389,360
Real estate 0 + 204,500 204,500
Other assets 0 + 22,000 22,000
Total assets 17,615 +805,817 823,432

Mortgage 0 160,510 160,510
Other debt 0 + 19,509 19,509
Total debt 0 + 180,019 180,019

I am now 34.1% on my way to achive my FIRE target of CAD 1,750,000. This is 1.0 percentage points closer, compared to the last net worth update.

CAD 596,932 FIRE target: CAD 1,750,000


34.1%

FI portfolio

My FI portfolio now consists of CAD 207,572 (34.8%) in investments, CAD 389,360 (65.2%) in retirement accounts, and CAD 0 (0.0%) in cash.

Investments

Since my last update, my investments increased with CAD 8,450 (4.24%), of which CAD 5 was from contributions, and CAD -9,844 was from returns.

Since I started tracking, my total contributions have been CAD 194, and my total return has been CAD 467,024.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 11,618 (3.08%), of which CAD 5 was from contributions , and CAD -16,123 was from returns.

Since I started tracking, my total contributions have been CAD 194, and my total return is CAD 1,005,832.




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

If I quit working today, my monthly pay out would be CAD 1,989 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,989/month
(4.0% SWR)
1,741/month
(3.5% SWR)
1,492/month
(3.0% SWR)


When can I retire?

FI date

June 2033

My age

56

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 8 years and 0 months, in June 2033, and at that time I will be 56 years old.

By that time I will have invested/saved another CAD 79,292, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,073,776


Financial independence forecast