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Net worth update per


This is MoMoneyMoProblems's #15 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 225,419 and my FI portfolio increased to CAD 123,200


Net worth

CAD 225,419

Since the last update on my net worth has increased with CAD 4,437 (+ 2.01 %).

FI portfolio

CAD 123,200

Since the last update on my FI portfolio has increased with CAD 2,845 (+ 2.36 %).

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 9,000 -5,000 4,000
Investments 31,178 +5,722 36,900
Retirement acc 80,177 +2,123 82,300
Real estate 243,737 0 243,737
Other assets 0 0 0
Total assets 364,092 +2,845 366,937

Mortgage 141,110 -392 140,718
Other debt 2,000 -1,200 800
Total debt 143,110 -1,592 141,518
Change
Cash 9,000 -5,000 4,000
Investments 31,178 +5,722 36,900
Retirement acc 80,177 +2,123 82,300
Real estate 243,737 0 243,737
Other assets 0 0 0
Total assets 364,092 +2,845 366,937

Mortgage 141,110 -392 140,718
Other debt 2,000 -1,200 800
Total debt 143,110 -1,592 141,518
Change
Cash 9,000 -5,000 4,000
Investments 15,000 +21,900 36,900
Retirement acc 15,000 +67,300 82,300
Real estate 0 + 243,737 243,737
Other assets 0 0 0
Total assets 39,000 +327,937 366,937

Mortgage 0 140,718 140,718
Other debt 8,500 -7,700 800
Total debt 8,500 + 133,018 141,518

I am now 8.2% on my way to achive my FIRE target of CAD 1,500,000. This is 0.2 percentage points closer, compared to the last net worth update.

CAD 123,200 FIRE target: CAD 1,500,000


8.2%

FI portfolio

My FI portfolio now consists of CAD 36,900 (30.0%) in investments, CAD 82,300 (66.8%) in retirement accounts, and CAD 4,000 (3.2%) in cash.

Investments

Since my last update, my investments increased with CAD 5,722 (18.35%).

Retirement accounts

Since my last update, my retirement accounts increased with CAD 2,123 (2.65%).




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

If I quit working today, my monthly pay out would be CAD 410 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
410/month
(4.0% SWR)
359/month
(3.5% SWR)
308/month
(3.0% SWR)


When can I retire?

FI date

My age

40

I am currently aiming to save/invest approximately CAD 4,500 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,500,000 in 11 years and 11 months, in , and at that time I will be 40 years old.

By that time I will have invested/saved another CAD 769,500, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 607,300


Financial independence forecast