Net worth update per



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 , my net worth was CAD 740,000 and my FI portfolio was CAD 408,000.


Net worth

CAD 740,000

FI portfolio

CAD 408,000

I am now 20.4% on my way to achive my FIRE target of CAD 2,000,000.

CAD 408,000 FIRE target: CAD 2,000,000


20.4%

FI portfolio


My FI portfolio now consists of CAD 402,000 (98.5%) in retirement accounts, and CAD 6,000 (1.5%) in cash.




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



If I quit working today, my monthly pay out would be CAD 1,360 for the rest of my life.

Retire today with (CAD)
1,360/month
(4.0% SWR)
1,190/month
(3.5% SWR)
1,020/month
(3.0% SWR)


When can I retire?


FI date


My age

48

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

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 , 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


Financial independence forecast