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 goal_oriented's #8 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 131,900 and my FI portfolio increased to CAD 131,900


Net worth

CAD 131,900

Since the last update on my net worth has increased with CAD 4,600 (+ 3.61 %).

FI portfolio

CAD 131,900

Since the last update on my FI portfolio has increased with CAD 4,600 (+ 3.61 %).

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 8,000 0 8,000
Investments 52,500 +1,100 53,600
Retirement acc 66,800 +3,500 70,300
Real estate 0 0 0
Other assets 0 0 0
Total assets 127,300 +4,600 131,900

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 7,000 +1,000 8,000
Investments 35,000 +18,600 53,600
Retirement acc 60,000 +10,300 70,300
Real estate 0 0 0
Other assets 0 0 0
Total assets 102,000 +29,900 131,900

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 7,000 +1,000 8,000
Investments 35,000 +18,600 53,600
Retirement acc 60,000 +10,300 70,300
Real estate 0 0 0
Other assets 0 0 0
Total assets 102,000 +29,900 131,900

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 9.4% on my way to achive my FIRE target of CAD 1,400,000. This is 0.3 percentage points closer, compared to the last net worth update.

CAD 131,900 FIRE target: CAD 1,400,000


9.4%

FI portfolio

My FI portfolio now consists of CAD 53,600 (40.6%) in investments, CAD 70,300 (53.3%) in retirement accounts, and CAD 8,000 (6.1%) in cash.

Investments

Since my last update, my investments increased with CAD 1,100 (2.1%).

Since I started tracking, my total contributions have been CAD 285,767, and my total return has been CAD 428,933.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 3,500 (5.24%), of which CAD 7,400 was from contributions , and CAD 5,600 was from returns.

Since I started tracking, my total contributions have been CAD 134,232, and my total return is CAD 92,468.




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

If I quit working today, my monthly pay out would be CAD 439 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
439/month
(4.0% SWR)
384/month
(3.5% SWR)
329/month
(3.0% SWR)


When can I retire?

FI date

My age

31

I am currently aiming to save/invest approximately CAD 22,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,400,000 in -1 years and -9 months, in , and at that time I will be 31 years old.

By that time I will have invested/saved another CAD 1,078,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 190,100


Financial independence forecast