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Net worth update per


This is gammj's #219 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 1,441,460 and my FI portfolio decreased to CAD 1,307,595


Net worth

CAD 1,441,460

Since the last update on my net worth has decreased with CAD -20,747 ( -1.42 %).

FI portfolio

CAD 1,307,595

Since the last update on my FI portfolio has decreased with CAD -21,484 ( -1.62 %).

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 60,460 +939 61,399
Investments 393,751 -6,580 387,171
Retirement acc 874,868 -15,843 859,025
Real estate 305,000 0 305,000
Other assets 15,175 0 15,175
Total assets 1,649,254 -21,484 1,627,770

Mortgage 158,005 -707 157,298
Other debt 29,042 -30 29,012
Total debt 187,047 -737 186,310
Change
Cash 88,997 -27,598 61,399
Investments 372,088 +15,083 387,171
Retirement acc 786,463 +72,562 859,025
Real estate 305,000 0 305,000
Other assets 15,175 0 15,175
Total assets 1,567,723 +60,047 1,627,770

Mortgage 167,157 -9,859 157,298
Other debt 45,742 -16,730 29,012
Total debt 212,899 -26,589 186,310
Change
Cash 14,284 +47,115 61,399
Investments 0 +387,171 387,171
Retirement acc 3,331 +855,694 859,025
Real estate 0 + 305,000 305,000
Other assets 0 + 15,175 15,175
Total assets 17,615 +1,610,155 1,627,770

Mortgage 0 157,298 157,298
Other debt 0 + 29,012 29,012
Total debt 0 + 186,310 186,310

I am now 58.9% on my way to achive my FIRE target of CAD 2,219,951. This is -1.0 percentage points closer, compared to the last net worth update.

CAD 1,307,595 FIRE target: CAD 2,219,951


58.9%

FI portfolio

My FI portfolio now consists of CAD 387,171 (29.6%) in investments, CAD 859,025 (65.7%) in retirement accounts, and CAD 61,399 (4.7%) in cash.

Investments

Since my last update, my investments decreased with CAD -6,580 (-1.67%), of which CAD 5 was from contributions, and CAD 5,301 was from returns.

Since I started tracking, my total contributions have been CAD 209, and my total return has been CAD 502,780.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -15,843 (-1.81%), of which CAD 5 was from contributions , and CAD 23,357 was from returns.

Since I started tracking, my total contributions have been CAD 209, and my total return is CAD 1,115,177.




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

If I quit working today, my monthly pay out would be CAD 4,358 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
4,358/month
(4.0% SWR)
3,813/month
(3.5% SWR)
3,268/month
(3.0% SWR)


When can I retire?

FI date

My age

54

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 2,219,951 in 6 years and 1 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another CAD 41,490, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 870,866


Financial independence forecast