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Net worth update per


This is gammj's #166 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 933,408 and my FI portfolio increased to CAD 813,821


Net worth

CAD 933,408

Since the last update on my net worth has increased with CAD 15,943 (+ 1.74 %).

FI portfolio

CAD 813,821

Since the last update on my FI portfolio has increased with CAD 16,589 (+ 2.08 %).

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 107,312 -4,435 102,877
Investments 217,963 +6,137 224,100
Retirement acc 471,957 +14,887 486,844
Real estate 305,000 0 305,000
Other assets 22,045 -2,555 19,490
Total assets 1,124,277 +14,034 1,138,311

Mortgage 189,270 -3,233 186,037
Other debt 17,542 + 1,324 18,866
Total debt 206,812 + -1,909 204,903
Change
Cash 2,633 +100,244 102,877
Investments 216,184 +7,916 224,100
Retirement acc 358,126 +128,718 486,844
Real estate 121,000 + 184,000 305,000
Other assets 22,000 -2,510 19,490
Total assets 719,943 +418,368 1,138,311

Mortgage 95,106 90,931 186,037
Other debt 17,483 + 1,383 18,866
Total debt 112,589 + 92,314 204,903
Change
Cash 14,284 +88,593 102,877
Investments 0 +224,100 224,100
Retirement acc 3,331 +483,513 486,844
Real estate 0 + 305,000 305,000
Other assets 0 + 19,490 19,490
Total assets 17,615 +1,120,696 1,138,311

Mortgage 0 186,037 186,037
Other debt 0 + 18,866 18,866
Total debt 0 + 204,903 204,903

I am now 46.5% on my way to achive my FIRE target of CAD 1,750,000. This is 0.9 percentage points closer, compared to the last net worth update.

CAD 813,821 FIRE target: CAD 1,750,000


46.5%

FI portfolio

My FI portfolio now consists of CAD 224,100 (27.5%) in investments, CAD 486,844 (59.8%) in retirement accounts, and CAD 102,877 (12.6%) in cash.

Investments

Since my last update, my investments increased with CAD 6,137 (2.82%), of which CAD 5 was from contributions, and CAD 8,486 was from returns.

Since I started tracking, my total contributions have been CAD 134, and my total return has been CAD 393,617.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 14,887 (3.15%), of which CAD 5 was from contributions , and CAD 28,270 was from returns.

Since I started tracking, my total contributions have been CAD 134, and my total return is CAD 871,403.




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

If I quit working today, my monthly pay out would be CAD 2,712 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
2,712/month
(4.0% SWR)
2,373/month
(3.5% SWR)
2,034/month
(3.0% SWR)


When can I retire?

FI date

My age

53

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 6 years and 7 months, in , and at that time I will be 53 years old.

By that time I will have invested/saved another CAD 60,852, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 875,327


Financial independence forecast