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Net worth update per


This is MoMoneyMoProblems's #17 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 277,961 and my FI portfolio increased to CAD 163,600


Net worth

CAD 277,961

Since the last update on my net worth has increased with CAD 18,361 (+ 7.07 %).

FI portfolio

CAD 163,600

Since the last update on my FI portfolio has increased with CAD 14,000 (+ 9.36 %).

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 18,000 -11,400 6,600
Investments 46,000 +6,300 52,300
Retirement acc 85,600 +19,100 104,700
Real estate 263,000 -19,263 243,737
Other assets 0 0 0
Total assets 412,600 -5,263 407,337

Mortgage 153,000 -26,924 126,076
Other debt 0 + 3,300 3,300
Total debt 153,000 + -23,624 129,376
Change
Cash 18,000 -11,400 6,600
Investments 46,000 +6,300 52,300
Retirement acc 85,600 +19,100 104,700
Real estate 263,000 -19,263 243,737
Other assets 0 0 0
Total assets 412,600 -5,263 407,337

Mortgage 153,000 -26,924 126,076
Other debt 0 + 3,300 3,300
Total debt 153,000 + -23,624 129,376
Change
Cash 9,000 -2,400 6,600
Investments 15,000 +37,300 52,300
Retirement acc 15,000 +89,700 104,700
Real estate 0 + 243,737 243,737
Other assets 0 0 0
Total assets 39,000 +368,337 407,337

Mortgage 0 126,076 126,076
Other debt 8,500 -5,200 3,300
Total debt 8,500 + 120,876 129,376

I am now 10.9% on my way to achive my FIRE target of CAD 1,500,000. This is 0.9 percentage points closer, compared to the last net worth update.

CAD 163,600 FIRE target: CAD 1,500,000


10.9%

FI portfolio

My FI portfolio now consists of CAD 52,300 (32.0%) in investments, CAD 104,700 (64.0%) in retirement accounts, and CAD 6,600 (4.0%) in cash.

Investments

Since my last update, my investments increased with CAD 6,300 (13.7%).

Retirement accounts

Since my last update, my retirement accounts increased with CAD 19,100 (22.31%).




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

If I quit working today, my monthly pay out would be CAD 545 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
545/month
(4.0% SWR)
477/month
(3.5% SWR)
409/month
(3.0% SWR)


When can I retire?

FI date

My age

40

I am currently aiming to save/invest approximately CAD 4,500 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,500,000 in 11 years and 4 months, in , and at that time I will be 40 years old.

By that time I will have invested/saved another CAD 738,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 598,400


Financial independence forecast