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Net worth update per


This is MoMoneyMoProblems's #26 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 543,700 and my FI portfolio increased to CAD 351,700


Net worth

CAD 543,700

Since the last update on my net worth has increased with CAD 41,155 (+ 8.19 %).

FI portfolio

CAD 351,700

Since the last update on my FI portfolio has increased with CAD 44,200 (+ 14.37 %).

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 16,300 -11,000 5,300
Investments 91,000 +34,400 125,400
Retirement acc 200,200 +20,800 221,000
Real estate 337,500 -12,500 325,000
Other assets 0 0 0
Total assets 645,000 +31,700 676,700

Mortgage 133,955 -3,455 130,500
Other debt 8,500 -6,000 2,500
Total debt 142,455 -9,455 133,000
Change
Cash 16,300 -11,000 5,300
Investments 91,000 +34,400 125,400
Retirement acc 200,200 +20,800 221,000
Real estate 337,500 -12,500 325,000
Other assets 0 0 0
Total assets 645,000 +31,700 676,700

Mortgage 133,955 -3,455 130,500
Other debt 8,500 -6,000 2,500
Total debt 142,455 -9,455 133,000
Change
Cash 9,000 -3,700 5,300
Investments 15,000 +110,400 125,400
Retirement acc 15,000 +206,000 221,000
Real estate 0 + 325,000 325,000
Other assets 0 0 0
Total assets 39,000 +637,700 676,700

Mortgage 0 130,500 130,500
Other debt 8,500 -6,000 2,500
Total debt 8,500 + 124,500 133,000

I am now 23.4% on my way to achive my FIRE target of CAD 1,500,000. This is 2.9 percentage points closer, compared to the last net worth update.

CAD 351,700 FIRE target: CAD 1,500,000


23.4%

FI portfolio

My FI portfolio now consists of CAD 125,400 (35.7%) in investments, CAD 221,000 (62.8%) in retirement accounts, and CAD 5,300 (1.5%) in cash.

Investments

Since my last update, my investments increased with CAD 34,400 (37.8%).

Retirement accounts

Since my last update, my retirement accounts increased with CAD 20,800 (10.39%).




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

If I quit working today, my monthly pay out would be CAD 1,172 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,172/month
(4.0% SWR)
1,025/month
(3.5% SWR)
879/month
(3.0% SWR)


When can I retire?

FI date

My age

39

I am currently aiming to save/invest approximately CAD 4,500 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,500,000 in 10 years and 6 months, in , and at that time I will be 39 years old.

By that time I will have invested/saved another CAD 589,500, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 558,800


Financial independence forecast