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Net worth update per


This is gammj's #214 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 1,320,508 and my FI portfolio increased to CAD 1,206,114


Net worth

CAD 1,320,508

Since the last update on my net worth has increased with CAD 69,506 (+ 5.56 %).

FI portfolio

CAD 1,206,114

Since the last update on my FI portfolio has increased with CAD 69,126 (+ 6.08 %).

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 73,165 +4,141 77,306
Investments 347,434 +16,346 363,780
Retirement acc 716,389 +48,639 765,028
Real estate 305,000 0 305,000
Other assets 15,175 0 15,175
Total assets 1,457,163 +69,126 1,526,289

Mortgage 167,858 -350 167,508
Other debt 38,303 -30 38,273
Total debt 206,161 -380 205,781
Change
Cash 48,809 +28,497 77,306
Investments 350,732 +13,048 363,780
Retirement acc 653,608 +111,420 765,028
Real estate 305,000 0 305,000
Other assets 19,375 -4,200 15,175
Total assets 1,377,524 +148,765 1,526,289

Mortgage 181,948 -14,440 167,508
Other debt 16,031 + 22,242 38,273
Total debt 197,979 + 7,802 205,781
Change
Cash 14,284 +63,022 77,306
Investments 0 +363,780 363,780
Retirement acc 3,331 +761,697 765,028
Real estate 0 + 305,000 305,000
Other assets 0 + 15,175 15,175
Total assets 17,615 +1,508,674 1,526,289

Mortgage 0 167,508 167,508
Other debt 0 + 38,273 38,273
Total debt 0 + 205,781 205,781

I am now 68.9% on my way to achive my FIRE target of CAD 1,750,000. This is 4.0 percentage points closer, compared to the last net worth update.

CAD 1,206,114 FIRE target: CAD 1,750,000


68.9%

FI portfolio

My FI portfolio now consists of CAD 363,780 (30.2%) in investments, CAD 765,028 (63.4%) in retirement accounts, and CAD 77,306 (6.4%) in cash.

Investments

Since my last update, my investments increased with CAD 16,346 (4.7%), 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 increased with CAD 48,639 (6.79%), 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 4,020 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
4,020/month
(4.0% SWR)
3,517/month
(3.5% SWR)
3,015/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 4 years and 10 months, in , and at that time I will be 52 years old.

By that time I will have invested/saved another CAD 29,504, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 514,382


Financial independence forecast