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Net worth update per



This is goal_oriented's #55 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 309,598 and my FI portfolio increased to CAD 258,000


Net worth

CAD 309,598

Since the last update on my net worth has increased with CAD 3,098 (+ 1.01 %).

FI portfolio

CAD 258,000

Since the last update on my FI portfolio has increased with CAD 2,900 (+ 1.14 %).

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.

I am now 30.4% on my way to achive my FIRE target of CAD 850,000. This is 0.3 percentage points closer, compared to the last net worth update.

CAD 258,000 FIRE target: CAD 850,000


30.4%


FI portfolio


My FI portfolio now consists of CAD 116,100 (45.0%) in investments, CAD 116,800 (45.3%) in retirement accounts, and CAD 25,100 (9.7%) in cash.

Investments

Since my last update, my investments increased with CAD 3,800 (3.38%), of which CAD 6,000 was from contributions, and CAD -1,800 was from returns.

Since I started tracking, my total contributions have been CAD 121,767, and my total return has been CAD 75,033.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 4,900 (4.38%), of which CAD 2,250 was from contributions , and CAD -1,850 was from returns.

Since I started tracking, my total contributions have been CAD 122,332, and my total return is CAD 26,868.




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


If I quit working today, my monthly pay out would be CAD 860 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
860/month
(4.0% SWR)
752/month
(3.5% SWR)
645/month
(3.0% SWR)


When can I retire?


FI date


My age

34

I am currently aiming to save/invest approximately CAD 8,500 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 850,000 in 2 years and 5 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 442,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 150,000


Financial independence forecast