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Net worth update per


This is MoMoneyMoProblems's #19 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 326,800 and my FI portfolio increased to CAD 185,800


Net worth

CAD 326,800

Since the last update on my net worth has increased with CAD 13,173 (+ 4.2 %).

FI portfolio

CAD 185,800

Since the last update on my FI portfolio has increased with CAD 403 (+ 0.22 %).

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 20,500 -13,200 7,300
Investments 52,013 +7,487 59,500
Retirement acc 112,884 +6,116 119,000
Real estate 280,000 + 18,000 298,000
Other assets 0 0 0
Total assets 465,397 +18,403 483,800

Mortgage 149,000 5,000 154,000
Other debt 2,770 + 230 3,000
Total debt 151,770 + 5,230 157,000
Change
Cash 18,000 -10,700 7,300
Investments 46,000 +13,500 59,500
Retirement acc 85,600 +33,400 119,000
Real estate 263,000 + 35,000 298,000
Other assets 0 0 0
Total assets 412,600 +71,200 483,800

Mortgage 153,000 1,000 154,000
Other debt 0 + 3,000 3,000
Total debt 153,000 + 4,000 157,000
Change
Cash 9,000 -1,700 7,300
Investments 15,000 +44,500 59,500
Retirement acc 15,000 +104,000 119,000
Real estate 0 + 298,000 298,000
Other assets 0 0 0
Total assets 39,000 +444,800 483,800

Mortgage 0 154,000 154,000
Other debt 8,500 -5,500 3,000
Total debt 8,500 + 148,500 157,000

I am now 12.4% on my way to achive my FIRE target of CAD 1,500,000. This is 0.0 percentage points closer, compared to the last net worth update.

CAD 185,800 FIRE target: CAD 1,500,000


12.4%

FI portfolio

My FI portfolio now consists of CAD 59,500 (32.0%) in investments, CAD 119,000 (64.0%) in retirement accounts, and CAD 7,300 (3.9%) in cash.

Investments

Since my last update, my investments increased with CAD 7,487 (14.39%).

Retirement accounts

Since my last update, my retirement accounts increased with CAD 6,116 (5.42%).




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

If I quit working today, my monthly pay out would be CAD 619 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
619/month
(4.0% SWR)
541/month
(3.5% SWR)
464/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 12 years and 5 months, in , and at that time I will be 40 years old.

By that time I will have invested/saved another CAD 720,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 594,200


Financial independence forecast