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Net worth update per



This is canadianfiguy's #2 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 159,900 and my FI portfolio increased to CAD 80,900


Net worth

CAD 159,900

Since the last update on my net worth has increased with CAD 2,000 (+ 1.27 %).

FI portfolio

CAD 80,900

Since the last update on my FI portfolio has increased with CAD 3,000 (+ 3.85 %).

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 11.6% on my way to achive my FIRE target of CAD 700,000. This is 0.4 percentage points closer, compared to the last net worth update.

CAD 80,900 FIRE target: CAD 700,000


11.6%


FI portfolio


My FI portfolio now consists of CAD 78,200 (96.7%) in retirement accounts, and CAD 2,700 (3.3%) in cash.

Investments

Since my last update, my investments decreased with CAD -2,300 (-100.0%).

Since I started tracking, my total contributions have been CAD 20,425, and my total return has been CAD -1,890.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 3,200 (4.27%), of which CAD 2,555 was from contributions , and CAD 2,765 was from returns.

Since I started tracking, my total contributions have been CAD 57,786, and my total return is CAD 45,274.




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


If I quit working today, my monthly pay out would be CAD 269 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
269/month
(4.0% SWR)
235/month
(3.5% SWR)
202/month
(3.0% SWR)


When can I retire?


FI date


My age

50

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 50 years old.

By that time I will have invested/saved another CAD 356,360, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 262,740


Financial independence forecast