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Net worth update per


This is gammj's #76 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 226,591 and my FI portfolio decreased to CAD 194,890


Net worth

CAD 226,591

Since the last update on my net worth has decreased with CAD -4,895 ( -2.11 %).

FI portfolio

CAD 194,890

Since the last update on my FI portfolio has decreased with CAD -5,699 ( -2.84 %).

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 17,846 +1,763 19,609
Investments 58,684 -2,832 55,852
Retirement acc 124,059 -4,630 119,429
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 321,589 -5,699 315,890

Mortgage 90,103 -804 89,299
Other debt 0 0 0
Total debt 90,103 -804 89,299
Change
Cash 16,092 +3,517 19,609
Investments 53,365 +2,487 55,852
Retirement acc 119,007 +422 119,429
Real estate 121,000 0 121,000
Other assets 0 0 0
Total assets 309,464 +6,426 315,890

Mortgage 93,705 -4,406 89,299
Other debt 0 0 0
Total debt 93,705 -4,406 89,299
Change
Cash 14,284 +5,325 19,609
Investments 0 +55,852 55,852
Retirement acc 3,331 +116,098 119,429
Real estate 0 + 121,000 121,000
Other assets 0 0 0
Total assets 17,615 +298,275 315,890

Mortgage 0 89,299 89,299
Other debt 0 0 0
Total debt 0 + 89,299 89,299

I am now 11.1% on my way to achive my FIRE target of CAD 1,750,000. This is -0.3 percentage points closer, compared to the last net worth update.

CAD 194,890 FIRE target: CAD 1,750,000


11.1%

FI portfolio

My FI portfolio now consists of CAD 55,852 (28.7%) in investments, CAD 119,429 (61.3%) in retirement accounts, and CAD 19,609 (10.1%) in cash.

Investments

Since my last update, my investments decreased with CAD -2,832 (-4.83%), 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 decreased with CAD -4,630 (-3.73%), 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 649 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
649/month
(4.0% SWR)
568/month
(3.5% SWR)
487/month
(3.0% SWR)


When can I retire?

FI date

My age

63

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 14 years and 11 months, in , and at that time I will be 63 years old.

By that time I will have invested/saved another CAD 154,896, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,400,214


Financial independence forecast