Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is gammj's #208 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 1,248,228 and my FI portfolio decreased to CAD 1,110,805


Net worth

CAD 1,248,228

Since the last update on my net worth has decreased with CAD -33,757 ( -2.63 %).

FI portfolio

CAD 1,110,805

Since the last update on my FI portfolio has decreased with CAD -34,179 ( -2.99 %).

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 28,408 +9,247 37,655
Investments 374,454 -17,060 357,394
Retirement acc 742,122 -26,366 715,756
Real estate 305,000 0 305,000
Other assets 19,375 0 19,375
Total assets 1,469,359 -34,179 1,435,180

Mortgage 170,615 -343 170,272
Other debt 16,759 -79 16,680
Total debt 187,374 -422 186,952
Change
Cash 48,809 -11,154 37,655
Investments 350,732 +6,662 357,394
Retirement acc 653,608 +62,148 715,756
Real estate 305,000 0 305,000
Other assets 19,375 0 19,375
Total assets 1,377,524 +57,656 1,435,180

Mortgage 181,948 -11,676 170,272
Other debt 16,031 + 649 16,680
Total debt 197,979 + -11,027 186,952
Change
Cash 14,284 +23,371 37,655
Investments 0 +357,394 357,394
Retirement acc 3,331 +712,425 715,756
Real estate 0 + 305,000 305,000
Other assets 0 + 19,375 19,375
Total assets 17,615 +1,417,565 1,435,180

Mortgage 0 170,272 170,272
Other debt 0 + 16,680 16,680
Total debt 0 + 186,952 186,952

I am now 63.5% on my way to achive my FIRE target of CAD 1,750,000. This is -2.0 percentage points closer, compared to the last net worth update.

CAD 1,110,805 FIRE target: CAD 1,750,000


63.5%

FI portfolio

My FI portfolio now consists of CAD 357,394 (32.2%) in investments, CAD 715,756 (64.4%) in retirement accounts, and CAD 37,655 (3.4%) in cash.

Investments

Since my last update, my investments decreased with CAD -17,060 (-4.56%), of which CAD 5 was from contributions, and CAD -6,585 was from returns.

Since I started tracking, my total contributions have been CAD 139, and my total return has been CAD 387,032.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -26,366 (-3.55%), of which CAD 5 was from contributions , and CAD -15,848 was from returns.

Since I started tracking, my total contributions have been CAD 139, and my total return is CAD 855,555.




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

If I quit working today, my monthly pay out would be CAD 3,702 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
3,702/month
(4.0% SWR)
3,239/month
(3.5% SWR)
2,777/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 4 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another CAD 35,036, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 604,159


Financial independence forecast