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Net worth update per


This is gammj's #203 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 1,179,545 and my FI portfolio decreased to CAD 1,053,149


Net worth

CAD 1,179,545

Since the last update on my net worth has decreased with CAD -36,194 ( -2.98 %).

FI portfolio

CAD 1,053,149

Since the last update on my FI portfolio has decreased with CAD -36,740 ( -3.37 %).

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 45,904 +2,905 48,809
Investments 363,231 -12,499 350,732
Retirement acc 680,754 -27,146 653,608
Real estate 305,000 0 305,000
Other assets 19,375 0 19,375
Total assets 1,414,264 -36,740 1,377,524

Mortgage 182,332 -384 181,948
Other debt 16,193 -162 16,031
Total debt 198,525 -546 197,979
Change
Cash 38,636 +10,173 48,809
Investments 359,745 -9,013 350,732
Retirement acc 703,951 -50,343 653,608
Real estate 305,000 0 305,000
Other assets 19,800 -425 19,375
Total assets 1,427,132 -49,608 1,377,524

Mortgage 186,461 -4,513 181,948
Other debt 0 + 16,031 16,031
Total debt 186,461 + 11,518 197,979
Change
Cash 14,284 +34,525 48,809
Investments 0 +350,732 350,732
Retirement acc 3,331 +650,277 653,608
Real estate 0 + 305,000 305,000
Other assets 0 + 19,375 19,375
Total assets 17,615 +1,359,909 1,377,524

Mortgage 0 181,948 181,948
Other debt 0 + 16,031 16,031
Total debt 0 + 197,979 197,979

I am now 60.2% on my way to achive my FIRE target of CAD 1,750,000. This is -2.1 percentage points closer, compared to the last net worth update.

CAD 1,053,149 FIRE target: CAD 1,750,000


60.2%

FI portfolio

My FI portfolio now consists of CAD 350,732 (33.3%) in investments, CAD 653,608 (62.1%) in retirement accounts, and CAD 48,809 (4.6%) in cash.

Investments

Since my last update, my investments decreased with CAD -12,499 (-3.44%).

Since I started tracking, my total contributions have been CAD 174, and my total return has been CAD 471,238.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -27,146 (-3.99%).

Since I started tracking, my total contributions have been CAD 174, and my total return is CAD 985,011.




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

If I quit working today, my monthly pay out would be CAD 3,510 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
3,510/month
(4.0% SWR)
3,071/month
(3.5% SWR)
2,632/month
(3.0% SWR)


When can I retire?

FI date

My age

52

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 5 years and 0 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another CAD 39,185, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 657,666


Financial independence forecast