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This is seshwan's #3 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 470,000 and my FI portfolio increased to CAD 420,000


Net worth

CAD 470,000

Since the last update on my net worth has increased with CAD 78,000 (+ 19.9 %).

FI portfolio

CAD 420,000

Since the last update on my FI portfolio has increased with CAD 35,000 (+ 9.09 %).

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 128,000 -118,000 10,000
Investments 17,000 +178,000 195,000
Retirement acc 240,000 -25,000 215,000
Real estate 0 0 0
Other assets 54,000 -4,000 50,000
Total assets 439,000 +31,000 470,000

Mortgage 0 0 0
Other debt 47,000 -47,000 0
Total debt 47,000 -47,000 0
Change
Cash 128,000 -118,000 10,000
Investments 17,000 +178,000 195,000
Retirement acc 240,000 -25,000 215,000
Real estate 0 0 0
Other assets 54,000 -4,000 50,000
Total assets 439,000 +31,000 470,000

Mortgage 0 0 0
Other debt 47,000 -47,000 0
Total debt 47,000 -47,000 0
Change
Cash 1,000 +9,000 10,000
Investments 73,000 +122,000 195,000
Retirement acc 200,000 +15,000 215,000
Real estate 0 0 0
Other assets 30,000 + 20,000 50,000
Total assets 304,000 +166,000 470,000

Mortgage 0 0 0
Other debt 29,000 -29,000 0
Total debt 29,000 -29,000 0

I am now 31.1% on my way to achive my FIRE target of CAD 1,350,000. This is 2.6 percentage points closer, compared to the last net worth update.

CAD 420,000 FIRE target: CAD 1,350,000


31.1%

FI portfolio

My FI portfolio now consists of CAD 195,000 (46.4%) in investments, CAD 215,000 (51.2%) in retirement accounts, and CAD 10,000 (2.4%) in cash.

Investments

Since my last update, my investments increased with CAD 178,000 (1047.06%).

Since I started tracking, my total contributions have been CAD 10,000, and my total return has been CAD 112,000.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -25,000 (-10.42%).

Since I started tracking, my total contributions have been CAD 30,000, and my total return is CAD -15,000.




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

If I quit working today, my monthly pay out would be CAD 1,400 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,400/month
(4.0% SWR)
1,225/month
(3.5% SWR)
1,050/month
(3.0% SWR)


When can I retire?

FI date

My age

45

I am currently aiming to save/invest approximately CAD 6,800 each month.

Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,350,000 in 5 years and 2 months, in , and at that time I will be 45 years old.

By that time I will have invested/saved another CAD 462,400, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 467,600


Financial independence forecast