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Net worth update per


This is gammj's #113 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 373,572 and my FI portfolio decreased to CAD 372,279


Net worth

CAD 373,572

Since the last update on my net worth has decreased with CAD -6,519 ( -1.72 %).

FI portfolio

CAD 372,279

Since the last update on my FI portfolio has decreased with CAD -6,608 ( -1.74 %).

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 4,216 +452 4,668
Investments 180,941 -2,501 178,440
Retirement acc 193,730 -4,559 189,171
Real estate 114,000 0 114,000
Other assets 0 0 0
Total assets 492,887 -6,608 486,279

Mortgage 112,796 -89 112,707
Other debt 0 0 0
Total debt 112,796 -89 112,707
Change
Cash 3,011 +1,657 4,668
Investments 166,856 +11,584 178,440
Retirement acc 176,903 +12,268 189,171
Real estate 114,000 0 114,000
Other assets 0 0 0
Total assets 460,770 +25,509 486,279

Mortgage 110,790 1,917 112,707
Other debt 0 0 0
Total debt 110,790 1,917 112,707
Change
Cash 14,284 -9,616 4,668
Investments 0 +178,440 178,440
Retirement acc 3,331 +185,840 189,171
Real estate 0 + 114,000 114,000
Other assets 0 0 0
Total assets 17,615 +468,664 486,279

Mortgage 0 112,707 112,707
Other debt 0 0 0
Total debt 0 + 112,707 112,707

I am now 21.3% on my way to achive my FIRE target of CAD 1,750,000. This is -0.4 percentage points closer, compared to the last net worth update.

CAD 372,279 FIRE target: CAD 1,750,000


21.3%

FI portfolio

My FI portfolio now consists of CAD 178,440 (47.9%) in investments, CAD 189,171 (50.8%) in retirement accounts, and CAD 4,668 (1.3%) in cash.

Investments

Since my last update, my investments decreased with CAD -2,501 (-1.38%), of which CAD 5 was from contributions, and CAD 24,127 was from returns.

Since I started tracking, my total contributions have been CAD 164, and my total return has been CAD 468,856.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -4,559 (-2.35%), of which CAD 5 was from contributions , and CAD 20,998 was from returns.

Since I started tracking, my total contributions have been CAD 164, and my total return is CAD 949,167.




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

If I quit working today, my monthly pay out would be CAD 1,240 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,240/month
(4.0% SWR)
1,085/month
(3.5% SWR)
930/month
(3.0% SWR)


When can I retire?

FI date

My age

58

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 10 years and 9 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another CAD 111,562, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,266,159


Financial independence forecast