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Net worth update per


This is gammj's #224 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 1,911,136 and my FI portfolio increased to CAD 1,481,671


Net worth

CAD 1,911,136

Since the last update on my net worth has increased with CAD 355,619 (+ 22.86 %).

FI portfolio

CAD 1,481,671

Since the last update on my FI portfolio has increased with CAD 61,176 (+ 4.31 %).

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 43,948 +16,041 59,989
Investments 444,888 +24,132 469,020
Retirement acc 931,659 +21,003 952,662
Real estate 305,000 + 305,100 610,100
Other assets 15,175 + 950 16,125
Total assets 1,740,670 +367,226 2,107,896

Mortgage 185,153 -393 184,760
Other debt 0 + 12,000 12,000
Total debt 185,153 + 11,607 196,760
Change
Cash 88,997 -29,008 59,989
Investments 372,088 +96,932 469,020
Retirement acc 786,463 +166,199 952,662
Real estate 305,000 + 305,100 610,100
Other assets 15,175 + 950 16,125
Total assets 1,567,723 +540,173 2,107,896

Mortgage 167,157 17,603 184,760
Other debt 45,742 -33,742 12,000
Total debt 212,899 -16,139 196,760
Change
Cash 14,284 +45,705 59,989
Investments 0 +469,020 469,020
Retirement acc 3,331 +949,331 952,662
Real estate 0 + 610,100 610,100
Other assets 0 + 16,125 16,125
Total assets 17,615 +2,090,281 2,107,896

Mortgage 0 184,760 184,760
Other debt 0 + 12,000 12,000
Total debt 0 + 196,760 196,760

I am now 84.7% on my way to achive my FIRE target of CAD 1,750,000. This is 3.5 percentage points closer, compared to the last net worth update.

CAD 1,481,671 FIRE target: CAD 1,750,000


84.7%

FI portfolio

My FI portfolio now consists of CAD 469,020 (31.7%) in investments, CAD 952,662 (64.3%) in retirement accounts, and CAD 59,989 (4.0%) in cash.

Investments

Since my last update, my investments increased with CAD 24,132 (5.42%), of which CAD 5 was from contributions, and CAD -14,929 was from returns.

Since I started tracking, my total contributions have been CAD 189, and my total return has been CAD 476,868.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 21,003 (2.25%), of which CAD 5 was from contributions , and CAD -28,881 was from returns.

Since I started tracking, my total contributions have been CAD 189, and my total return is CAD 1,021,955.




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

If I quit working today, my monthly pay out would be CAD 4,938 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
4,938/month
(4.0% SWR)
4,321/month
(3.5% SWR)
3,704/month
(3.0% SWR)


When can I retire?

FI date

My age

49

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 1 years and 8 months, in , and at that time I will be 49 years old.

By that time I will have invested/saved another CAD 12,908, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 255,421


Financial independence forecast