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Net worth update per


This is gammj's #89 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 267,372 and my FI portfolio decreased to CAD 237,668


Net worth

CAD 267,372

Since the last update on my net worth has decreased with CAD -2,538 ( -0.94 %).

FI portfolio

CAD 237,668

Since the last update on my FI portfolio has decreased with CAD -2,330 ( -0.97 %).

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 9,489 -237 9,252
Investments 85,505 -1,180 84,325
Retirement acc 145,004 -913 144,091
Real estate 114,000 0 114,000
Other assets 0 0 0
Total assets 353,998 -2,330 351,668

Mortgage 84,088 208 84,296
Other debt 0 0 0
Total debt 84,088 208 84,296
Change
Cash 14,453 -5,201 9,252
Investments 60,878 +23,447 84,325
Retirement acc 134,221 +9,870 144,091
Real estate 114,000 0 114,000
Other assets 0 0 0
Total assets 323,552 +28,116 351,668

Mortgage 78,930 5,366 84,296
Other debt 0 0 0
Total debt 78,930 5,366 84,296
Change
Cash 14,284 -5,032 9,252
Investments 0 +84,325 84,325
Retirement acc 3,331 +140,760 144,091
Real estate 0 + 114,000 114,000
Other assets 0 0 0
Total assets 17,615 +334,053 351,668

Mortgage 0 84,296 84,296
Other debt 0 0 0
Total debt 0 + 84,296 84,296

I am now 13.6% 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 237,668 FIRE target: CAD 1,750,000


13.6%

FI portfolio

My FI portfolio now consists of CAD 84,325 (35.5%) in investments, CAD 144,091 (60.6%) in retirement accounts, and CAD 9,252 (3.9%) in cash.

Investments

Since my last update, my investments decreased with CAD -1,180 (-1.38%), 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 -913 (-0.63%), 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 792 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
792/month
(4.0% SWR)
693/month
(3.5% SWR)
594/month
(3.0% SWR)


When can I retire?

FI date

My age

61

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 13 years and 5 months, in , and at that time I will be 61 years old.

By that time I will have invested/saved another CAD 140,605, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,371,727


Financial independence forecast