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This is goal_oriented's #63 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 333,700 and my FI portfolio increased to CAD 280,400


Net worth

CAD 333,700

Since the last update on my net worth has increased with CAD 10,600 (+ 3.28 %).

FI portfolio

CAD 280,400

Since the last update on my FI portfolio has increased with CAD 10,400 (+ 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.
Change
Cash 21,000 -400 20,600
Investments 124,500 +6,200 130,700
Retirement acc 124,500 +4,600 129,100
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 500,000 +10,400 510,400

Mortgage 176,900 -200 176,700
Other debt 0 0 0
Total debt 176,900 -200 176,700
Change
Cash 58,000 -37,400 20,600
Investments 127,500 +3,200 130,700
Retirement acc 110,300 +18,800 129,100
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 295,800 +214,600 510,400

Mortgage 0 176,700 176,700
Other debt 0 0 0
Total debt 0 176,700 176,700
Change
Cash 7,000 +13,600 20,600
Investments 35,000 +95,700 130,700
Retirement acc 60,000 +69,100 129,100
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 102,000 +408,400 510,400

Mortgage 0 176,700 176,700
Other debt 0 0 0
Total debt 0 + 176,700 176,700

I am now 33.0% on my way to achive my FIRE target of CAD 850,000. This is 1.2 percentage points closer, compared to the last net worth update.

CAD 280,400 FIRE target: CAD 850,000


33.0%

FI portfolio

My FI portfolio now consists of CAD 130,700 (46.6%) in investments, CAD 129,100 (46.0%) in retirement accounts, and CAD 20,600 (7.3%) in cash.

Investments

Since my last update, my investments increased with CAD 6,200 (4.98%), of which CAD 6,100 was from contributions, and CAD -1,800 was from returns.

Since I started tracking, my total contributions have been CAD 115,767, and my total return has been CAD 76,833.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 4,600 (3.69%).

Since I started tracking, my total contributions have been CAD 120,082, and my total return is CAD 28,718.




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

If I quit working today, my monthly pay out would be CAD 934 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
934/month
(4.0% SWR)
817/month
(3.5% SWR)
701/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 7 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 416,500, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 153,100


Financial independence forecast