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This is goal_oriented's #93 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 565,700 and my FI portfolio increased to CAD 504,100


Net worth

CAD 565,700

Since the last update on my net worth has increased with CAD 31,700 (+ 5.94 %).

FI portfolio

CAD 504,100

Since the last update on my FI portfolio has increased with CAD 31,200 (+ 6.6 %).

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 31,900 -1,600 30,300
Investments 231,800 +19,200 251,000
Retirement acc 209,200 +13,600 222,800
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 702,900 +31,200 734,100

Mortgage 168,900 -500 168,400
Other debt 0 0 0
Total debt 168,900 -500 168,400
Change
Cash 29,900 +400 30,300
Investments 185,800 +65,200 251,000
Retirement acc 175,900 +46,900 222,800
Real estate 230,000 0 230,000
Other assets 0 0 0
Total assets 621,600 +112,500 734,100

Mortgage 170,900 -2,500 168,400
Other debt 0 0 0
Total debt 170,900 -2,500 168,400
Change
Cash 7,000 +23,300 30,300
Investments 35,000 +216,000 251,000
Retirement acc 60,000 +162,800 222,800
Real estate 0 + 230,000 230,000
Other assets 0 0 0
Total assets 102,000 +632,100 734,100

Mortgage 0 168,400 168,400
Other debt 0 0 0
Total debt 0 + 168,400 168,400

I am now 59.3% on my way to achive my FIRE target of CAD 850,000. This is 3.7 percentage points closer, compared to the last net worth update.

CAD 504,100 FIRE target: CAD 850,000


59.3%

FI portfolio

My FI portfolio now consists of CAD 251,000 (49.8%) in investments, CAD 222,800 (44.2%) in retirement accounts, and CAD 30,300 (6.0%) in cash.

Investments

Since my last update, my investments increased with CAD 19,200 (8.28%).

Since I started tracking, my total contributions have been CAD 141,367, and my total return has been CAD 288,033.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 13,600 (6.5%).

Since I started tracking, my total contributions have been CAD 126,832, and my total return is CAD 44,168.




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

If I quit working today, my monthly pay out would be CAD 1,680 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,680/month
(4.0% SWR)
1,470/month
(3.5% SWR)
1,260/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 1 years and 5 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 246,500, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 99,400


Financial independence forecast