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Net worth update per


This is gammj's #129 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 448,021 and my FI portfolio decreased to CAD 418,221


Net worth

CAD 448,021

Since the last update on my net worth has decreased with CAD -900 ( -0.2 %).

FI portfolio

CAD 418,221

Since the last update on my FI portfolio has decreased with CAD -663 ( -0.16 %).

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 4,790 +1,602 6,392
Investments 163,411 -2,423 160,988
Retirement acc 250,683 +158 250,841
Real estate 121,000 0 121,000
Other assets 12,338 -408 11,930
Total assets 552,222 -1,071 551,151

Mortgage 86,962 0 86,962
Other debt 16,339 -171 16,168
Total debt 103,301 -171 103,130
Change
Cash 4,255 +2,137 6,392
Investments 179,919 -18,931 160,988
Retirement acc 191,779 +59,062 250,841
Real estate 114,000 + 7,000 121,000
Other assets 0 + 11,930 11,930
Total assets 489,953 +61,198 551,151

Mortgage 96,739 -9,777 86,962
Other debt 0 + 16,168 16,168
Total debt 96,739 + 6,391 103,130
Change
Cash 14,284 -7,892 6,392
Investments 0 +160,988 160,988
Retirement acc 3,331 +247,510 250,841
Real estate 0 + 121,000 121,000
Other assets 0 + 11,930 11,930
Total assets 17,615 +533,536 551,151

Mortgage 0 86,962 86,962
Other debt 0 + 16,168 16,168
Total debt 0 + 103,130 103,130

I am now 23.9% on my way to achive my FIRE target of CAD 1,750,000. This is -0.0 percentage points closer, compared to the last net worth update.

CAD 418,221 FIRE target: CAD 1,750,000


23.9%

FI portfolio

My FI portfolio now consists of CAD 160,988 (38.5%) in investments, CAD 250,841 (60.0%) in retirement accounts, and CAD 6,392 (1.5%) in cash.

Investments

Since my last update, my investments decreased with CAD -2,423 (-1.48%), 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 increased with CAD 158 (0.06%), 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 1,394 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,394/month
(4.0% SWR)
1,219/month
(3.5% SWR)
1,045/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 11 years and 3 months, in , and at that time I will be 58 years old.

By that time I will have invested/saved another CAD 104,186, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,227,593


Financial independence forecast