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This is goal_oriented's #71 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 373,400 and my FI portfolio increased to CAD 318,100


Net worth

CAD 373,400

Since the last update on my net worth has increased with CAD 8,500 (+ 2.33 %).

FI portfolio

CAD 318,100

Since the last update on my FI portfolio has increased with CAD 8,300 (+ 2.68 %).

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 -500 20,500
Investments 142,100 +4,000 146,100
Retirement acc 146,700 +4,800 151,500
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 539,800 +8,300 548,100

Mortgage 174,900 -200 174,700
Other debt 0 0 0
Total debt 174,900 -200 174,700
Change
Cash 21,300 -800 20,500
Investments 141,400 +4,700 146,100
Retirement acc 137,300 +14,200 151,500
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 530,000 +18,100 548,100

Mortgage 176,200 -1,500 174,700
Other debt 0 0 0
Total debt 176,200 -1,500 174,700
Change
Cash 7,000 +13,500 20,500
Investments 35,000 +111,100 146,100
Retirement acc 60,000 +91,500 151,500
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 102,000 +446,100 548,100

Mortgage 0 174,700 174,700
Other debt 0 0 0
Total debt 0 + 174,700 174,700

I am now 37.4% on my way to achive my FIRE target of CAD 850,000. This is 1.0 percentage points closer, compared to the last net worth update.

CAD 318,100 FIRE target: CAD 850,000


37.4%

FI portfolio

My FI portfolio now consists of CAD 146,100 (45.9%) in investments, CAD 151,500 (47.6%) in retirement accounts, and CAD 20,500 (6.4%) in cash.

Investments

Since my last update, my investments increased with CAD 4,000 (2.81%), of which CAD 2,300 was from contributions, and CAD -1,300 was from returns.

Since I started tracking, my total contributions have been CAD 88,290, and my total return has been CAD 36,310.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 4,800 (3.27%), of which CAD 950 was from contributions , and CAD -950 was from returns.

Since I started tracking, my total contributions have been CAD 94,632, and my total return is CAD 2,668.




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

If I quit working today, my monthly pay out would be CAD 1,060 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,060/month
(4.0% SWR)
927/month
(3.5% SWR)
795/month
(3.0% SWR)


When can I retire?

FI date

My age

36

I am currently aiming to save/invest approximately CAD 5,000 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 5 years and 2 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another CAD 325,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 206,900


Financial independence forecast