Net worth update per
This is CanadianTeacher's first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of , my net worth was CAD 13,891 and my FI portfolio was CAD 14,161.
Net worth
CAD 13,891
FI portfolio
CAD 14,161
I am now 1.8% on my way to achive my FIRE target of CAD 800,000.
CAD 14,161 FIRE target: CAD 800,000
FI portfolio
My FI portfolio now consists of CAD 10,284 (72.6%) in retirement accounts, and CAD 3,877 (27.4%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be CAD 47 for the rest of my life.
Retire today with (CAD)
When can I retire?
FI date
My age
44
I am currently aiming to save/invest
approximately CAD
1,200
each month.
Assuming an annual return of
8% on my investments and my retirement accounts, I
aim to reach my FIRE target
of CAD 800,000
in 16 years and 2 months,
in , and at that time I will be
44 years old.
By that time I will have invested/saved
another CAD 295,200,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CAD
490,639