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This is goal_oriented's #106 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 792,100 and my FI portfolio increased to CAD 792,100


Net worth

CAD 792,100

Since the last update on my net worth has increased with CAD 11,600 (+ 1.49 %).

FI portfolio

CAD 792,100

Since the last update on my FI portfolio has increased with CAD 11,600 (+ 1.49 %).

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 85,100 -44,700 40,400
Investments 464,400 +51,700 516,100
Retirement acc 231,000 +4,600 235,600
Real estate 0 0 0
Other assets 0 0 0
Total assets 780,500 +11,600 792,100

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 53,400 -13,000 40,400
Investments 276,000 +240,100 516,100
Retirement acc 238,200 -2,600 235,600
Real estate 230,000 -230,000 0
Other assets 0 0 0
Total assets 797,600 -5,500 792,100

Mortgage 166,400 -166,400 0
Other debt 0 0 0
Total debt 166,400 -166,400 0
Change
Cash 7,000 +33,400 40,400
Investments 35,000 +481,100 516,100
Retirement acc 60,000 +175,600 235,600
Real estate 0 0 0
Other assets 0 0 0
Total assets 102,000 +690,100 792,100

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0

I am now 56.6% on my way to achive my FIRE target of CAD 1,400,000. This is 0.8 percentage points closer, compared to the last net worth update.

CAD 792,100 FIRE target: CAD 1,400,000


56.6%

FI portfolio

My FI portfolio now consists of CAD 516,100 (65.2%) in investments, CAD 235,600 (29.7%) in retirement accounts, and CAD 40,400 (5.1%) in cash.

Investments

Since my last update, my investments increased with CAD 51,700 (11.13%), of which CAD 31,900 was from contributions, and CAD 800 was from returns.

Since I started tracking, my total contributions have been CAD 268,967, and my total return has been CAD 371,133.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 4,600 (1.99%).

Since I started tracking, my total contributions have been CAD 126,832, and my total return is CAD 73,568.




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

If I quit working today, my monthly pay out would be CAD 2,640 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
2,640/month
(4.0% SWR)
2,310/month
(3.5% SWR)
1,980/month
(3.0% SWR)


When can I retire?

FI date

My age

34

I am currently aiming to save/invest approximately CAD 22,000 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,400,000 in 1 years and 6 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 484,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 123,900


Financial independence forecast