Net worth update per
This is canadianfiguy's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was CAD 157,900 and my FI portfolio was CAD 77,900.
Net worth
CAD 157,900
FI portfolio
CAD 77,900
I am now 11.1% on my way to achive my FIRE target of CAD 700,000.
CAD 77,900 FIRE target: CAD 700,000
FI portfolio
My FI portfolio now consists of CAD 2,300 (3.0%) in investments, CAD 75,000 (96.3%) in retirement accounts, and CAD 600 (0.8%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be CAD 259 for the rest of my life.
Retire today with (CAD)
When can I retire?
FI date
My age
51
I am currently aiming to save/invest
approximately CAD
2,360
each month.
Assuming an annual return of
6% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CAD 700,000
in 8 years and 1 months,
in , and at that time I will be
51 years old.
By that time I will have invested/saved
another CAD 358,720,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CAD
263,380