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This is goal_oriented's #42 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 293,800 and my FI portfolio increased to CAD 293,800


Net worth

CAD 293,800

Since the last update on my net worth has increased with CAD 9,600 (+ 3.38 %).

FI portfolio

CAD 293,800

Since the last update on my FI portfolio has increased with CAD 9,600 (+ 3.38 %).

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 50,400 +2,200 52,600
Investments 126,400 +2,400 128,800
Retirement acc 107,400 +5,000 112,400
Real estate 0 0 0
Other assets 0 0 0
Total assets 284,200 +9,600 293,800

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 8,200 +44,400 52,600
Investments 107,000 +21,800 128,800
Retirement acc 92,400 +20,000 112,400
Real estate 0 0 0
Other assets 0 0 0
Total assets 207,600 +86,200 293,800

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 7,000 +45,600 52,600
Investments 35,000 +93,800 128,800
Retirement acc 60,000 +52,400 112,400
Real estate 0 0 0
Other assets 0 0 0
Total assets 102,000 +191,800 293,800

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 21.0% on my way to achive my FIRE target of CAD 1,400,000. This is 0.7 percentage points closer, compared to the last net worth update.

CAD 293,800 FIRE target: CAD 1,400,000


21.0%

FI portfolio

My FI portfolio now consists of CAD 128,800 (43.8%) in investments, CAD 112,400 (38.3%) in retirement accounts, and CAD 52,600 (17.9%) in cash.

Investments

Since my last update, my investments increased with CAD 2,400 (1.9%), of which CAD 6,900 was from contributions, and CAD 3,000 was from returns.

Since I started tracking, my total contributions have been CAD 224,267, and my total return has been CAD 322,833.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 5,000 (4.66%).

Since I started tracking, my total contributions have been CAD 126,832, and my total return is CAD 57,168.




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

If I quit working today, my monthly pay out would be CAD 979 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
979/month
(4.0% SWR)
856/month
(3.5% SWR)
734/month
(3.0% SWR)


When can I retire?

FI date

My age

32

I am currently aiming to save/invest approximately CAD 25,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,400,000 in 0 years and -5 months, in , and at that time I will be 32 years old.

By that time I will have invested/saved another CAD 950,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 156,200


Financial independence forecast