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Net worth update per


This is gammj's #132 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 472,391 and my FI portfolio increased to CAD 450,604


Net worth

CAD 472,391

Since the last update on my net worth has increased with CAD 4,417 (+ 0.94 %).

FI portfolio

CAD 450,604

Since the last update on my FI portfolio has increased with CAD 11,576 (+ 2.64 %).

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 11,624 -7,242 4,382
Investments 167,234 +9,214 176,448
Retirement acc 260,170 +9,604 269,774
Real estate 121,000 0 121,000
Other assets 10,749 -473 10,276
Total assets 570,777 +11,103 581,880

Mortgage 86,956 6,847 93,803
Other debt 15,847 -161 15,686
Total debt 102,803 6,686 109,489
Change
Cash 11,624 -7,242 4,382
Investments 167,234 +9,214 176,448
Retirement acc 260,170 +9,604 269,774
Real estate 121,000 0 121,000
Other assets 10,749 -473 10,276
Total assets 570,777 +11,103 581,880

Mortgage 86,956 6,847 93,803
Other debt 15,847 -161 15,686
Total debt 102,803 6,686 109,489
Change
Cash 14,284 -9,902 4,382
Investments 0 +176,448 176,448
Retirement acc 3,331 +266,443 269,774
Real estate 0 + 121,000 121,000
Other assets 0 + 10,276 10,276
Total assets 17,615 +564,265 581,880

Mortgage 0 93,803 93,803
Other debt 0 + 15,686 15,686
Total debt 0 + 109,489 109,489

I am now 25.7% on my way to achive my FIRE target of CAD 1,750,000. This is 0.7 percentage points closer, compared to the last net worth update.

CAD 450,604 FIRE target: CAD 1,750,000


25.7%

FI portfolio

My FI portfolio now consists of CAD 176,448 (39.2%) in investments, CAD 269,774 (59.9%) in retirement accounts, and CAD 4,382 (1.0%) in cash.

Investments

Since my last update, my investments increased with CAD 9,214 (5.51%), 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 9,604 (3.69%), 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 1,502 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,502/month
(4.0% SWR)
1,314/month
(3.5% SWR)
1,126/month
(3.0% SWR)


When can I retire?

FI date

My age

57

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 6 months, in , and at that time I will be 57 years old.

By that time I will have invested/saved another CAD 98,654, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,200,742


Financial independence forecast