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Net worth update per


This is gammj's #152 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 590,661 and my FI portfolio decreased to CAD 567,866


Net worth

CAD 590,661

Since the last update on my net worth has decreased with CAD -5,372 ( -0.9 %).

FI portfolio

CAD 567,866

Since the last update on my FI portfolio has decreased with CAD -7,100 ( -1.23 %).

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 6,339 -4,576 1,763
Investments 228,658 -915 227,743
Retirement acc 339,969 -1,609 338,360
Real estate 121,000 0 121,000
Other assets 1,081 -298 783
Total assets 697,047 -7,398 689,649

Mortgage 86,062 9,438 95,500
Other debt 14,952 -11,464 3,488
Total debt 101,014 -2,026 98,988
Change
Cash 7,197 -5,434 1,763
Investments 217,482 +10,261 227,743
Retirement acc 309,741 +28,619 338,360
Real estate 121,000 0 121,000
Other assets 0 + 783 783
Total assets 655,420 +34,229 689,649

Mortgage 86,068 9,432 95,500
Other debt 16,204 -12,716 3,488
Total debt 102,272 -3,284 98,988
Change
Cash 14,284 -12,521 1,763
Investments 0 +227,743 227,743
Retirement acc 3,331 +335,029 338,360
Real estate 0 + 121,000 121,000
Other assets 0 + 783 783
Total assets 17,615 +672,034 689,649

Mortgage 0 95,500 95,500
Other debt 0 + 3,488 3,488
Total debt 0 + 98,988 98,988

I am now 32.4% on my way to achive my FIRE target of CAD 1,750,000. This is -0.4 percentage points closer, compared to the last net worth update.

CAD 567,866 FIRE target: CAD 1,750,000


32.4%

FI portfolio

My FI portfolio now consists of CAD 227,743 (40.1%) in investments, CAD 338,360 (59.6%) in retirement accounts, and CAD 1,763 (0.3%) in cash.

Investments

Since my last update, my investments decreased with CAD -915 (-0.4%), 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 decreased with CAD -1,609 (-0.47%), 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 1,892 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,892/month
(4.0% SWR)
1,656/month
(3.5% SWR)
1,419/month
(3.0% SWR)


When can I retire?

FI date

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 9 years and 3 months, in , and at that time I will be 56 years old.

By that time I will have invested/saved another CAD 82,519, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,099,615


Financial independence forecast