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Net worth update per


This is gammj's #49 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 163,585 and my FI portfolio increased to CAD 68,993


Net worth

CAD 163,585

Since the last update on my net worth has increased with CAD 2,765 (+ 1.72 %).

FI portfolio

CAD 68,993

Since the last update on my FI portfolio has increased with CAD 2,365 (+ 3.55 %).

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 3,014 +553 3,567
Investments 1,462 +13 1,475
Retirement acc 62,152 +1,799 63,951
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 187,628 +2,365 189,993

Mortgage 26,808 -400 26,408
Other debt 0 0 0
Total debt 26,808 -400 26,408
Change
Cash 2,529 +1,038 3,567
Investments 0 +1,475 1,475
Retirement acc 65,277 -1,326 63,951
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 188,806 +1,187 189,993

Mortgage 27,206 -798 26,408
Other debt 0 0 0
Total debt 27,206 -798 26,408
Change
Cash 14,284 -10,717 3,567
Investments 0 +1,475 1,475
Retirement acc 3,331 +60,620 63,951
Real estate 0 + 121,000 121,000
Other assets 0 0 0
Total assets 17,615 +172,378 189,993

Mortgage 0 26,408 26,408
Other debt 0 0 0
Total debt 0 + 26,408 26,408

I am now 3.9% on my way to achive my FIRE target of CAD 1,750,000. This is 0.1 percentage points closer, compared to the last net worth update.

CAD 68,993 FIRE target: CAD 1,750,000


3.9%

FI portfolio

My FI portfolio now consists of CAD 1,475 (2.1%) in investments, CAD 63,951 (92.7%) in retirement accounts, and CAD 3,567 (5.2%) in cash.

Investments

Since my last update, my investments increased with CAD 13 (0.89%), of which CAD 5 was from contributions, and CAD 24,127 was from returns.

Since I started tracking, my total contributions have been CAD 164, and my total return has been CAD 468,856.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 1,799 (2.89%), of which CAD 5 was from contributions , and CAD 20,998 was from returns.

Since I started tracking, my total contributions have been CAD 164, and my total return is CAD 949,167.




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

If I quit working today, my monthly pay out would be CAD 229 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
229/month
(4.0% SWR)
201/month
(3.5% SWR)
172/month
(3.0% SWR)


When can I retire?

FI date

My age

69

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 21 years and 7 months, in , and at that time I will be 69 years old.

By that time I will have invested/saved another CAD 200,996, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,480,011


Financial independence forecast