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Net worth update per



This is LeMic's #101 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 151,700 and my FI portfolio increased to CAD 151,700


Net worth

CAD 151,700

Since the last update on my net worth has increased with CAD 300 (+ 0.2 %).

FI portfolio

CAD 151,700

Since the last update on my FI portfolio has increased with CAD 300 (+ 0.2 %).

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.

I am now 30.3% on my way to achive my FIRE target of CAD 500,000. This is 0.1 percentage points closer, compared to the last net worth update.

CAD 151,700 FIRE target: CAD 500,000


30.3%


FI portfolio


My FI portfolio now consists of CAD 116,800 (77.0%) in investments, CAD 26,500 (17.5%) in retirement accounts, and CAD 8,400 (5.5%) in cash.

Investments

Since my last update, my investments decreased with CAD -2,300 (-1.93%).

Since I started tracking, my total contributions have been CAD 101,100, and my total return has been CAD 22,300.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 20,000 (307.69%).

Since I started tracking, my total contributions have been CAD 26,500, and my total return is CAD 0.




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


If I quit working today, my monthly pay out would be CAD 505 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
505/month
(4.0% SWR)
442/month
(3.5% SWR)
379/month
(3.0% SWR)


When can I retire?


FI date


My age

36

I am currently aiming to save/invest approximately CAD 2,999 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 500,000 in 4 years and 6 months, in , and at that time I will be 36 years old.

By that time I will have invested/saved another CAD 218,927, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 129,373


Financial independence forecast