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Net worth update per


This is gammj's #217 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 1,422,602 and my FI portfolio increased to CAD 1,314,450


Net worth

CAD 1,422,602

Since the last update on my net worth has increased with CAD 44,645 (+ 3.24 %).

FI portfolio

CAD 1,314,450

Since the last update on my FI portfolio has increased with CAD 44,163 (+ 3.48 %).

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 80,289 +2,308 82,597
Investments 376,877 +8,383 385,260
Retirement acc 813,121 +33,472 846,593
Real estate 305,000 0 305,000
Other assets 15,175 0 15,175
Total assets 1,590,462 +44,163 1,634,625

Mortgage 166,803 -442 166,361
Other debt 45,702 -40 45,662
Total debt 212,505 -482 212,023
Change
Cash 88,997 -6,400 82,597
Investments 372,088 +13,172 385,260
Retirement acc 786,463 +60,130 846,593
Real estate 305,000 0 305,000
Other assets 15,175 0 15,175
Total assets 1,567,723 +66,902 1,634,625

Mortgage 167,157 -796 166,361
Other debt 45,742 -80 45,662
Total debt 212,899 -876 212,023
Change
Cash 14,284 +68,313 82,597
Investments 0 +385,260 385,260
Retirement acc 3,331 +843,262 846,593
Real estate 0 + 305,000 305,000
Other assets 0 + 15,175 15,175
Total assets 17,615 +1,617,010 1,634,625

Mortgage 0 166,361 166,361
Other debt 0 + 45,662 45,662
Total debt 0 + 212,023 212,023

I am now 75.1% on my way to achive my FIRE target of CAD 1,750,000. This is 2.5 percentage points closer, compared to the last net worth update.

CAD 1,314,450 FIRE target: CAD 1,750,000


75.1%

FI portfolio

My FI portfolio now consists of CAD 385,260 (29.3%) in investments, CAD 846,593 (64.4%) in retirement accounts, and CAD 82,597 (6.3%) in cash.

Investments

Since my last update, my investments increased with CAD 8,383 (2.22%), of which CAD 5 was from contributions, and CAD 8,486 was from returns.

Since I started tracking, my total contributions have been CAD 134, and my total return has been CAD 393,617.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 33,472 (4.12%), of which CAD 5 was from contributions , and CAD 28,270 was from returns.

Since I started tracking, my total contributions have been CAD 134, and my total return is CAD 871,403.




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

If I quit working today, my monthly pay out would be CAD 4,381 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
4,381/month
(4.0% SWR)
3,833/month
(3.5% SWR)
3,286/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 3 years and 10 months, in , and at that time I will be 51 years old.

By that time I will have invested/saved another CAD 22,589, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 412,961


Financial independence forecast