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Net worth update per


This is gammj's #140 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 525,921 and my FI portfolio increased to CAD 509,000


Net worth

CAD 525,921

Since the last update on my net worth has increased with CAD 12,446 (+ 2.42 %).

FI portfolio

CAD 509,000

Since the last update on my FI portfolio has increased with CAD 28,212 (+ 5.87 %).

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 2,727 +681 3,408
Investments 191,283 +20,719 212,002
Retirement acc 286,778 +6,812 293,590
Real estate 121,000 0 121,000
Other assets 7,068 -7,068 0
Total assets 608,856 +21,144 630,000

Mortgage 95,381 -8,002 87,379
Other debt 0 + 16,700 16,700
Total debt 95,381 + 8,698 104,079
Change
Cash 11,624 -8,216 3,408
Investments 167,234 +44,768 212,002
Retirement acc 260,170 +33,420 293,590
Real estate 121,000 0 121,000
Other assets 10,749 -10,749 0
Total assets 570,777 +59,223 630,000

Mortgage 86,956 423 87,379
Other debt 15,847 + 853 16,700
Total debt 102,803 + 1,276 104,079
Change
Cash 14,284 -10,876 3,408
Investments 0 +212,002 212,002
Retirement acc 3,331 +290,259 293,590
Real estate 0 + 121,000 121,000
Other assets 0 0 0
Total assets 17,615 +612,385 630,000

Mortgage 0 87,379 87,379
Other debt 0 + 16,700 16,700
Total debt 0 + 104,079 104,079

I am now 29.1% on my way to achive my FIRE target of CAD 1,750,000. This is 1.6 percentage points closer, compared to the last net worth update.

CAD 509,000 FIRE target: CAD 1,750,000


29.1%

FI portfolio

My FI portfolio now consists of CAD 212,002 (41.7%) in investments, CAD 293,590 (57.7%) in retirement accounts, and CAD 3,408 (0.7%) in cash.

Investments

Since my last update, my investments increased with CAD 20,719 (10.83%), 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 increased with CAD 6,812 (2.38%), 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 1,696 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,696/month
(4.0% SWR)
1,484/month
(3.5% SWR)
1,272/month
(3.0% SWR)


When can I retire?

FI date

My age

56

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 8 years and 7 months, in , and at that time I will be 56 years old.

By that time I will have invested/saved another CAD 90,356, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,150,644


Financial independence forecast