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Net worth update per


This is gammj's #70 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 213,643 and my FI portfolio increased to CAD 126,127


Net worth

CAD 213,643

Since the last update on my net worth has increased with CAD 723 (+ 0.34 %).

FI portfolio

CAD 126,127

Since the last update on my FI portfolio has increased with CAD 31,611 (+ 33.45 %).

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 6,270 +8,698 14,968
Investments 0 0 0
Retirement acc 88,246 +22,913 111,159
Real estate 121,000 0 121,000
Other assets 36,502 -371 36,131
Total assets 252,018 +31,240 283,258

Mortgage 39,098 30,517 69,615
Other debt 0 0 0
Total debt 39,098 30,517 69,615
Change
Cash 7,491 +7,477 14,968
Investments 0 0 0
Retirement acc 79,574 +31,585 111,159
Real estate 121,000 0 121,000
Other assets 0 + 36,131 36,131
Total assets 208,065 +75,193 283,258

Mortgage 17,604 52,011 69,615
Other debt 0 0 0
Total debt 17,604 52,011 69,615
Change
Cash 14,284 +684 14,968
Investments 0 0 0
Retirement acc 3,331 +107,828 111,159
Real estate 0 + 121,000 121,000
Other assets 0 + 36,131 36,131
Total assets 17,615 +265,643 283,258

Mortgage 0 69,615 69,615
Other debt 0 0 0
Total debt 0 + 69,615 69,615

I am now 7.2% on my way to achive my FIRE target of CAD 1,750,000. This is 1.8 percentage points closer, compared to the last net worth update.

CAD 126,127 FIRE target: CAD 1,750,000


7.2%

FI portfolio

My FI portfolio now consists of CAD 111,159 (88.1%) in retirement accounts, and CAD 14,968 (11.9%) in cash.

Investments

Since my last update, my investments decreased with CAD 0 (0%), of which CAD 5 was from contributions, and CAD -14,929 was from returns.

Since I started tracking, my total contributions have been CAD 189, and my total return has been CAD 476,868.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 22,913 (25.96%), of which CAD 5 was from contributions , and CAD -28,881 was from returns.

Since I started tracking, my total contributions have been CAD 189, and my total return is CAD 1,021,955.




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

If I quit working today, my monthly pay out would be CAD 420 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
420/month
(4.0% SWR)
367/month
(3.5% SWR)
315/month
(3.0% SWR)


When can I retire?

FI date

My age

67

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 18 years and 8 months, in , and at that time I will be 67 years old.

By that time I will have invested/saved another CAD 178,407, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,445,466


Financial independence forecast