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This is goal_oriented's #78 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 414,100 and my FI portfolio increased to CAD 357,000


Net worth

CAD 414,100

Since the last update on my net worth has increased with CAD 8,500 (+ 2.1 %).

FI portfolio

CAD 357,000

Since the last update on my FI portfolio has increased with CAD 8,300 (+ 2.38 %).

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 23,700 -1,700 22,000
Investments 163,400 +5,800 169,200
Retirement acc 161,600 +4,200 165,800
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 578,700 +8,300 587,000

Mortgage 173,100 -200 172,900
Other debt 0 0 0
Total debt 173,100 -200 172,900
Change
Cash 21,300 +700 22,000
Investments 141,400 +27,800 169,200
Retirement acc 137,300 +28,500 165,800
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 530,000 +57,000 587,000

Mortgage 176,200 -3,300 172,900
Other debt 0 0 0
Total debt 176,200 -3,300 172,900
Change
Cash 7,000 +15,000 22,000
Investments 35,000 +134,200 169,200
Retirement acc 60,000 +105,800 165,800
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 102,000 +485,000 587,000

Mortgage 0 172,900 172,900
Other debt 0 0 0
Total debt 0 + 172,900 172,900

I am now 42.0% 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 357,000 FIRE target: CAD 850,000


42.0%

FI portfolio

My FI portfolio now consists of CAD 169,200 (47.4%) in investments, CAD 165,800 (46.4%) in retirement accounts, and CAD 22,000 (6.2%) in cash.

Investments

Since my last update, my investments increased with CAD 5,800 (3.55%).

Since I started tracking, my total contributions have been CAD 141,367, and my total return has been CAD 312,833.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 4,200 (2.6%).

Since I started tracking, my total contributions have been CAD 126,832, and my total return is CAD 52,568.




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

If I quit working today, my monthly pay out would be CAD 1,190 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,190/month
(4.0% SWR)
1,041/month
(3.5% SWR)
892/month
(3.0% SWR)


When can I retire?

FI date

My age

34

I am currently aiming to save/invest approximately CAD 8,500 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 1 years and 10 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 357,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 136,000


Financial independence forecast