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Net worth update per


This is gammj's #195 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 1,171,727 and my FI portfolio decreased to CAD 1,031,498


Net worth

CAD 1,171,727

Since the last update on my net worth has decreased with CAD -44,889 ( -3.69 %).

FI portfolio

CAD 1,031,498

Since the last update on my FI portfolio has decreased with CAD -47,228 ( -4.38 %).

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 14,961 +3,216 18,177
Investments 364,187 -13,264 350,923
Retirement acc 699,578 -37,180 662,398
Real estate 305,000 0 305,000
Other assets 19,800 0 19,800
Total assets 1,403,526 -47,228 1,356,298

Mortgage 186,910 -2,339 184,571
Other debt 0 0 0
Total debt 186,910 -2,339 184,571
Change
Cash 38,636 -20,459 18,177
Investments 359,745 -8,822 350,923
Retirement acc 703,951 -41,553 662,398
Real estate 305,000 0 305,000
Other assets 19,800 0 19,800
Total assets 1,427,132 -70,834 1,356,298

Mortgage 186,461 -1,890 184,571
Other debt 0 0 0
Total debt 186,461 -1,890 184,571
Change
Cash 14,284 +3,893 18,177
Investments 0 +350,923 350,923
Retirement acc 3,331 +659,067 662,398
Real estate 0 + 305,000 305,000
Other assets 0 + 19,800 19,800
Total assets 17,615 +1,338,683 1,356,298

Mortgage 0 184,571 184,571
Other debt 0 0 0
Total debt 0 + 184,571 184,571

I am now 58.9% on my way to achive my FIRE target of CAD 1,750,000. This is -2.7 percentage points closer, compared to the last net worth update.

CAD 1,031,498 FIRE target: CAD 1,750,000


58.9%

FI portfolio

My FI portfolio now consists of CAD 350,923 (34.0%) in investments, CAD 662,398 (64.2%) in retirement accounts, and CAD 18,177 (1.8%) in cash.

Investments

Since my last update, my investments decreased with CAD -13,264 (-3.64%), 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 -37,180 (-5.31%), 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 3,438 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
3,438/month
(4.0% SWR)
3,008/month
(3.5% SWR)
2,578/month
(3.0% SWR)


When can I retire?

FI date

My age

52

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 4 years and 2 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another CAD 40,107, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 678,395


Financial independence forecast