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Net worth update per


This is gammj's #104 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 335,238 and my FI portfolio increased to CAD 322,653


Net worth

CAD 335,238

Since the last update on my net worth has decreased with CAD -5,529 ( -1.62 %).

FI portfolio

CAD 322,653

Since the last update on my FI portfolio has increased with CAD 9,425 (+ 3.01 %).

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 1,640 -1,640 0
Investments 133,194 +13,504 146,698
Retirement acc 178,394 -2,439 175,955
Real estate 114,000 0 114,000
Other assets 0 0 0
Total assets 427,228 +9,425 436,653

Mortgage 86,461 14,954 101,415
Other debt 0 0 0
Total debt 86,461 14,954 101,415
Change
Cash 8,053 -8,053 0
Investments 109,870 +36,828 146,698
Retirement acc 157,053 +18,902 175,955
Real estate 114,000 0 114,000
Other assets 0 0 0
Total assets 388,976 +47,677 436,653

Mortgage 89,571 11,844 101,415
Other debt 0 0 0
Total debt 89,571 11,844 101,415
Change
Cash 14,284 -14,284 0
Investments 0 +146,698 146,698
Retirement acc 3,331 +172,624 175,955
Real estate 0 + 114,000 114,000
Other assets 0 0 0
Total assets 17,615 +419,038 436,653

Mortgage 0 101,415 101,415
Other debt 0 0 0
Total debt 0 + 101,415 101,415

I am now 18.4% on my way to achive my FIRE target of CAD 1,750,000. This is 0.5 percentage points closer, compared to the last net worth update.

CAD 322,653 FIRE target: CAD 1,750,000


18.4%

FI portfolio

My FI portfolio now consists of CAD 146,698 (45.5%) in investments, CAD 175,955 (54.5%) in retirement accounts, and CAD 0 (0.0%) in cash.

Investments

Since my last update, my investments increased with CAD 13,504 (10.14%), of which CAD 5 was from contributions, and CAD 8,486 was from returns.

Since I started tracking, my total contributions have been CAD 134, and my total return has been CAD 393,617.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -2,439 (-1.37%), of which CAD 5 was from contributions , and CAD 28,270 was from returns.

Since I started tracking, my total contributions have been CAD 134, and my total return is CAD 871,403.




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

If I quit working today, my monthly pay out would be CAD 1,075 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,075/month
(4.0% SWR)
941/month
(3.5% SWR)
806/month
(3.0% SWR)


When can I retire?

FI date

My age

59

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 1 months, in , and at that time I will be 59 years old.

By that time I will have invested/saved another CAD 120,321, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,307,026


Financial independence forecast