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Net worth update per


This is gammj's #212 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 1,243,938 and my FI portfolio decreased to CAD 1,130,528


Net worth

CAD 1,243,938

Since the last update on my net worth has decreased with CAD -68,400 ( -5.21 %).

FI portfolio

CAD 1,130,528

Since the last update on my FI portfolio has decreased with CAD -48,749 ( -4.13 %).

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 53,241 +1,285 54,526
Investments 372,060 -20,301 351,759
Retirement acc 753,976 -29,733 724,243
Real estate 305,000 0 305,000
Other assets 19,375 -4,200 15,175
Total assets 1,503,652 -52,949 1,450,703

Mortgage 168,665 -370 168,295
Other debt 22,649 + 15,821 38,470
Total debt 191,314 + 15,451 206,765
Change
Cash 48,809 +5,717 54,526
Investments 350,732 +1,027 351,759
Retirement acc 653,608 +70,635 724,243
Real estate 305,000 0 305,000
Other assets 19,375 -4,200 15,175
Total assets 1,377,524 +73,179 1,450,703

Mortgage 181,948 -13,653 168,295
Other debt 16,031 + 22,439 38,470
Total debt 197,979 + 8,786 206,765
Change
Cash 14,284 +40,242 54,526
Investments 0 +351,759 351,759
Retirement acc 3,331 +720,912 724,243
Real estate 0 + 305,000 305,000
Other assets 0 + 15,175 15,175
Total assets 17,615 +1,433,088 1,450,703

Mortgage 0 168,295 168,295
Other debt 0 + 38,470 38,470
Total debt 0 + 206,765 206,765

I am now 64.6% on my way to achive my FIRE target of CAD 1,750,000. This is -2.8 percentage points closer, compared to the last net worth update.

CAD 1,130,528 FIRE target: CAD 1,750,000


64.6%

FI portfolio

My FI portfolio now consists of CAD 351,759 (31.1%) in investments, CAD 724,243 (64.1%) in retirement accounts, and CAD 54,526 (4.8%) in cash.

Investments

Since my last update, my investments decreased with CAD -20,301 (-5.46%), 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 -29,733 (-3.94%), 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 3,768 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
3,768/month
(4.0% SWR)
3,297/month
(3.5% SWR)
2,826/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 6 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another CAD 34,114, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 585,358


Financial independence forecast