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This is goal_oriented's #91 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 525,700 and my FI portfolio increased to CAD 464,800


Net worth

CAD 525,700

Since the last update on my net worth has increased with CAD 2,000 (+ 0.38 %).

FI portfolio

CAD 464,800

Since the last update on my FI portfolio has increased with CAD 1,800 (+ 0.39 %).

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 28,800 -400 28,400
Investments 223,300 +4,300 227,600
Retirement acc 210,900 -2,100 208,800
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 693,000 +1,800 694,800

Mortgage 169,300 -200 169,100
Other debt 0 0 0
Total debt 169,300 -200 169,100
Change
Cash 29,900 -1,500 28,400
Investments 185,800 +41,800 227,600
Retirement acc 175,900 +32,900 208,800
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 621,600 +73,200 694,800

Mortgage 170,900 -1,800 169,100
Other debt 0 0 0
Total debt 170,900 -1,800 169,100
Change
Cash 7,000 +21,400 28,400
Investments 35,000 +192,600 227,600
Retirement acc 60,000 +148,800 208,800
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 102,000 +592,800 694,800

Mortgage 0 169,100 169,100
Other debt 0 0 0
Total debt 0 + 169,100 169,100

I am now 54.7% on my way to achive my FIRE target of CAD 850,000. This is 0.2 percentage points closer, compared to the last net worth update.

CAD 464,800 FIRE target: CAD 850,000


54.7%

FI portfolio

My FI portfolio now consists of CAD 227,600 (49.0%) in investments, CAD 208,800 (44.9%) in retirement accounts, and CAD 28,400 (6.1%) in cash.

Investments

Since my last update, my investments increased with CAD 4,300 (1.93%), of which CAD 6,000 was from contributions, and CAD -1,800 was from returns.

Since I started tracking, my total contributions have been CAD 121,767, and my total return has been CAD 75,033.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -2,100 (-1.0%), of which CAD 2,250 was from contributions , and CAD -1,850 was from returns.

Since I started tracking, my total contributions have been CAD 122,332, and my total return is CAD 26,868.




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

If I quit working today, my monthly pay out would be CAD 1,549 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,549/month
(4.0% SWR)
1,355/month
(3.5% SWR)
1,162/month
(3.0% SWR)


When can I retire?

FI date

My age

34

I am currently aiming to save/invest approximately CAD 8,500 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 850,000 in 2 years and 7 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 272,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 113,200


Financial independence forecast