Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is gammj's #96 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 300,834 and my FI portfolio increased to CAD 278,413


Net worth

CAD 300,834

Since the last update on my net worth has increased with CAD 1,429 (+ 0.48 %).

FI portfolio

CAD 278,413

Since the last update on my FI portfolio has increased with CAD 3,437 (+ 1.25 %).

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 8,053 -856 7,197
Investments 109,870 +4,249 114,119
Retirement acc 157,053 +44 157,097
Real estate 114,000 0 114,000
Other assets 0 0 0
Total assets 388,976 +3,437 392,413

Mortgage 89,571 2,008 91,579
Other debt 0 0 0
Total debt 89,571 2,008 91,579
Change
Cash 8,053 -856 7,197
Investments 109,870 +4,249 114,119
Retirement acc 157,053 +44 157,097
Real estate 114,000 0 114,000
Other assets 0 0 0
Total assets 388,976 +3,437 392,413

Mortgage 89,571 2,008 91,579
Other debt 0 0 0
Total debt 89,571 2,008 91,579
Change
Cash 14,284 -7,087 7,197
Investments 0 +114,119 114,119
Retirement acc 3,331 +153,766 157,097
Real estate 0 + 114,000 114,000
Other assets 0 0 0
Total assets 17,615 +374,798 392,413

Mortgage 0 91,579 91,579
Other debt 0 0 0
Total debt 0 + 91,579 91,579

I am now 15.9% on my way to achive my FIRE target of CAD 1,750,000. This is 0.2 percentage points closer, compared to the last net worth update.

CAD 278,413 FIRE target: CAD 1,750,000


15.9%

FI portfolio

My FI portfolio now consists of CAD 114,119 (41.0%) in investments, CAD 157,097 (56.4%) in retirement accounts, and CAD 7,197 (2.6%) in cash.

Investments

Since my last update, my investments increased with CAD 4,249 (3.87%), 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 44 (0.03%), 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 928 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
928/month
(4.0% SWR)
812/month
(3.5% SWR)
696/month
(3.0% SWR)


When can I retire?

FI date

My age

60

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 12 years and 2 months, in , and at that time I will be 60 years old.

By that time I will have invested/saved another CAD 130,463, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,341,124


Financial independence forecast