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Net worth update per


This is gammj's #215 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 1,354,824 and my FI portfolio increased to CAD 1,247,548


Net worth

CAD 1,354,824

Since the last update on my net worth has increased with CAD 34,316 (+ 2.6 %).

FI portfolio

CAD 1,247,548

Since the last update on my FI portfolio has increased with CAD 41,434 (+ 3.44 %).

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 77,306 +11,691 88,997
Investments 363,780 +8,308 372,088
Retirement acc 765,028 +21,435 786,463
Real estate 305,000 0 305,000
Other assets 15,175 0 15,175
Total assets 1,526,289 +41,434 1,567,723

Mortgage 167,508 -351 167,157
Other debt 38,273 + 7,469 45,742
Total debt 205,781 + 7,118 212,899
Change
Cash 48,809 +40,188 88,997
Investments 350,732 +21,356 372,088
Retirement acc 653,608 +132,855 786,463
Real estate 305,000 0 305,000
Other assets 19,375 -4,200 15,175
Total assets 1,377,524 +190,199 1,567,723

Mortgage 181,948 -14,791 167,157
Other debt 16,031 + 29,711 45,742
Total debt 197,979 + 14,920 212,899
Change
Cash 14,284 +74,713 88,997
Investments 0 +372,088 372,088
Retirement acc 3,331 +783,132 786,463
Real estate 0 + 305,000 305,000
Other assets 0 + 15,175 15,175
Total assets 17,615 +1,550,108 1,567,723

Mortgage 0 167,157 167,157
Other debt 0 + 45,742 45,742
Total debt 0 + 212,899 212,899

I am now 71.3% on my way to achive my FIRE target of CAD 1,750,000. This is 2.4 percentage points closer, compared to the last net worth update.

CAD 1,247,548 FIRE target: CAD 1,750,000


71.3%

FI portfolio

My FI portfolio now consists of CAD 372,088 (29.8%) in investments, CAD 786,463 (63.0%) in retirement accounts, and CAD 88,997 (7.1%) in cash.

Investments

Since my last update, my investments increased with CAD 8,308 (2.28%), 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 21,435 (2.8%), 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 4,158 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
4,158/month
(4.0% SWR)
3,638/month
(3.5% SWR)
3,118/month
(3.0% SWR)


When can I retire?

FI date

My age

51

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 5 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another CAD 26,738, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 475,714


Financial independence forecast