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Net worth update per


This is gammj's #201 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 1,148,014 and my FI portfolio increased to CAD 1,022,634


Net worth

CAD 1,148,014

Since the last update on my net worth has increased with CAD 58,365 (+ 5.36 %).

FI portfolio

CAD 1,022,634

Since the last update on my FI portfolio has increased with CAD 58,358 (+ 6.05 %).

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 38,818 +4,877 43,695
Investments 323,486 +17,573 341,059
Retirement acc 601,972 +35,908 637,880
Real estate 305,000 0 305,000
Other assets 19,800 -425 19,375
Total assets 1,289,076 +57,933 1,347,009

Mortgage 182,905 -266 182,639
Other debt 16,522 -166 16,356
Total debt 199,427 -432 198,995
Change
Cash 38,636 +5,059 43,695
Investments 359,745 -18,686 341,059
Retirement acc 703,951 -66,071 637,880
Real estate 305,000 0 305,000
Other assets 19,800 -425 19,375
Total assets 1,427,132 -80,123 1,347,009

Mortgage 186,461 -3,822 182,639
Other debt 0 + 16,356 16,356
Total debt 186,461 + 12,534 198,995
Change
Cash 14,284 +29,411 43,695
Investments 0 +341,059 341,059
Retirement acc 3,331 +634,549 637,880
Real estate 0 + 305,000 305,000
Other assets 0 + 19,375 19,375
Total assets 17,615 +1,329,394 1,347,009

Mortgage 0 182,639 182,639
Other debt 0 + 16,356 16,356
Total debt 0 + 198,995 198,995

I am now 58.4% on my way to achive my FIRE target of CAD 1,750,000. This is 3.3 percentage points closer, compared to the last net worth update.

CAD 1,022,634 FIRE target: CAD 1,750,000


58.4%

FI portfolio

My FI portfolio now consists of CAD 341,059 (33.4%) in investments, CAD 637,880 (62.4%) in retirement accounts, and CAD 43,695 (4.3%) in cash.

Investments

Since my last update, my investments increased with CAD 17,573 (5.43%), 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 35,908 (5.97%), 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 3,408 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
3,408/month
(4.0% SWR)
2,982/month
(3.5% SWR)
2,556/month
(3.0% SWR)


When can I retire?

FI date

My age

53

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 4 years and 11 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another CAD 41,490, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 685,876


Financial independence forecast