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Net worth update per


This is canadianfiguy's #26 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 275,297 and my FI portfolio increased to CAD 201,555


Net worth

CAD 275,297

Since the last update on my net worth has increased with CAD 2,237 (+ 0.82 %).

FI portfolio

CAD 201,555

Since the last update on my FI portfolio has increased with CAD 1,061 (+ 0.53 %).

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 9,578 -1,598 7,980
Investments 20,835 0 20,835
Retirement acc 170,081 +2,659 172,740
Real estate 310,000 0 310,000
Other assets 5,000 0 5,000
Total assets 515,494 +1,061 516,555

Mortgage 230,686 -1,063 229,623
Other debt 11,748 -113 11,635
Total debt 242,434 -1,176 241,258
Change
Cash 6,193 +1,787 7,980
Investments 0 +20,835 20,835
Retirement acc 130,013 +42,727 172,740
Real estate 310,000 0 310,000
Other assets 10,008 -5,008 5,000
Total assets 456,214 +60,341 516,555

Mortgage 238,366 -8,743 229,623
Other debt 9,923 + 1,712 11,635
Total debt 248,289 + -7,031 241,258
Change
Cash 600 +7,380 7,980
Investments 2,300 +18,535 20,835
Retirement acc 75,000 +97,740 172,740
Real estate 310,000 0 310,000
Other assets 10,000 -5,000 5,000
Total assets 397,900 +118,655 516,555

Mortgage 240,000 -10,377 229,623
Other debt 0 + 11,635 11,635
Total debt 240,000 + 1,258 241,258

I am now 28.8% on my way to achive my FIRE target of CAD 700,000. This is 0.2 percentage points closer, compared to the last net worth update.

CAD 201,555 FIRE target: CAD 700,000


28.8%

FI portfolio

My FI portfolio now consists of CAD 20,835 (10.3%) in investments, CAD 172,740 (85.7%) in retirement accounts, and CAD 7,980 (4.0%) in cash.

Investments

Since my last update, my investments decreased with CAD 0 (0.0%).

Since I started tracking, my total contributions have been CAD 20,425, and my total return has been CAD -1,890.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 2,659 (1.56%), of which CAD 2,555 was from contributions , and CAD 2,765 was from returns.

Since I started tracking, my total contributions have been CAD 57,786, and my total return is CAD 45,274.




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

If I quit working today, my monthly pay out would be CAD 671 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
671/month
(4.0% SWR)
587/month
(3.5% SWR)
503/month
(3.0% SWR)


When can I retire?

FI date

My age

49

I am currently aiming to save/invest approximately CAD 2,360 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 700,000 in 6 years and 11 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another CAD 264,320, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 234,125


Financial independence forecast