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This is goal_oriented's #65 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 353,800 and my FI portfolio increased to CAD 300,000


Net worth

CAD 353,800

Since the last update on my net worth has increased with CAD 10,900 (+ 3.18 %).

FI portfolio

CAD 300,000

Since the last update on my FI portfolio has increased with CAD 10,600 (+ 3.66 %).

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 22,400 -1,100 21,300
Investments 134,300 +7,100 141,400
Retirement acc 132,700 +4,600 137,300
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 519,400 +10,600 530,000

Mortgage 176,500 -300 176,200
Other debt 0 0 0
Total debt 176,500 -300 176,200
Change
Cash 58,000 -36,700 21,300
Investments 127,500 +13,900 141,400
Retirement acc 110,300 +27,000 137,300
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 295,800 +234,200 530,000

Mortgage 0 176,200 176,200
Other debt 0 0 0
Total debt 0 176,200 176,200
Change
Cash 7,000 +14,300 21,300
Investments 35,000 +106,400 141,400
Retirement acc 60,000 +77,300 137,300
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 102,000 +428,000 530,000

Mortgage 0 176,200 176,200
Other debt 0 0 0
Total debt 0 + 176,200 176,200

I am now 35.3% 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 300,000 FIRE target: CAD 850,000


35.3%

FI portfolio

My FI portfolio now consists of CAD 141,400 (47.1%) in investments, CAD 137,300 (45.8%) in retirement accounts, and CAD 21,300 (7.1%) in cash.

Investments

Since my last update, my investments increased with CAD 7,100 (5.29%), 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 (3.47%).

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 1,000 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,000/month
(4.0% SWR)
875/month
(3.5% SWR)
750/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 6 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 399,500, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 150,500


Financial independence forecast