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Net worth update per March 15th 2022


This is goal_oriented's #48 net worth update. Please check out my profile here for more information. As of March 15th 2022, my net worth decreased to CAD 301,400 and my FI portfolio decreased to CAD 251,400


Net worth

CAD 301,400

Since the last update on February 1st 2022 my net worth has decreased with CAD -4,800 ( -1.57 %).

FI portfolio

CAD 251,400

Since the last update on February 1st 2022 my FI portfolio has decreased with CAD -54,800 ( -17.9 %).

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.
1 Feb 22 Change 15 Mar 22
Cash 58,900 -41,600 17,300
Investments 130,700 -7,400 123,300
Retirement acc 116,600 -5,800 110,800
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 306,200 +175,200 481,400

Mortgage 0 180,000 180,000
Other debt 0 0 0
Total debt 0 180,000 180,000
1 Dec 21 Change 15 Mar 22
Cash 58,000 -40,700 17,300
Investments 127,500 -4,200 123,300
Retirement acc 110,300 +500 110,800
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 295,800 +185,600 481,400

Mortgage 0 180,000 180,000
Other debt 0 0 0
Total debt 0 180,000 180,000
23 Aug 19 Change 15 Mar 22
Cash 7,000 +10,300 17,300
Investments 35,000 +88,300 123,300
Retirement acc 60,000 +50,800 110,800
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 102,000 +379,400 481,400

Mortgage 0 180,000 180,000
Other debt 0 0 0
Total debt 0 + 180,000 180,000

I am now 18.0% on my way to achive my FIRE target of CAD 1,400,000. This is -3.9 percentage points closer, compared to the last net worth update.

CAD 251,400 FIRE target: CAD 1,400,000


18.0%

FI portfolio

My FI portfolio now consists of CAD 123,300 (49.0%) in investments, CAD 110,800 (44.1%) in retirement accounts, and CAD 17,300 (6.9%) in cash.

Investments

Since my last update, my investments decreased with CAD -7,400 (-5.66%).

Since I started tracking, my total contributions have been CAD 182,867, and my total return has been CAD 319,633.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -5,800 (-4.97%).

Since I started tracking, my total contributions have been CAD 126,832, and my total return is CAD 56,668.




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

If I quit working today, my monthly pay out would be CAD 838 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
838/month
(4.0% SWR)
733/month
(3.5% SWR)
628/month
(3.0% SWR)


When can I retire?

FI date

June 2025

My age

33

I am currently aiming to save/invest approximately CAD 25,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,400,000 in 0 years and 0 months, in June 2025, and at that time I will be 33 years old.

By that time I will have invested/saved another CAD 975,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 173,600


Financial independence forecast