This is my 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 2020-02-09T00:00:00Z, my net worth was CAD 740,000 and my FI portfolio was CAD 408,000.
I am now 20.4% on my way to achive my FIRE target of CAD 2,000,000.
My FI portfolio now consists of CAD 402,000 (98.5%) in retirement accounts, and CAD 6,000 (1.5%) in cash.
If I quit working today, my monthly pay out would be CAD 1,360 for the rest of my life.
I am currently aiming to save/invest
approximately CAD 500
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 2,000,000 in 14 years and 9 months, in 2035-02-09T00:00:00Z, and at that time I will be 48 years old.
By that time I will have invested/saved another CAD 90,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 1,502,000