Net worth update per May 16th 2025
This is carms's 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 May 16th 2025, my net worth was CAD -10,398 and my FI portfolio was CAD 12,602.
Net worth
CAD -10,398
FI portfolio
CAD 12,602
I am now 0.6% on my way to achive my FIRE target of CAD 2,000,000.
CAD 12,602 FIRE target: CAD 2,000,000
FI portfolio
My FI portfolio now consists of CAD 9,530 (75.6%) in investments, CAD 2,572 (20.4%) in retirement accounts, and CAD 500 (4.0%) in cash.
How much can I withdraw according to the 4%-rule?
If I quit working today, my monthly pay out would be CAD 42 for the rest of my life.
Retire today with (CAD)
When can I retire?
FI date
April 2047
My age
47
I am currently aiming to save/invest
approximately CAD
2,000
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 21 years and 9 months,
in April 2047, and at that time I will be
47 years old.
By that time I will have invested/saved
another CAD 526,000,
while the rest will be return on my existing FI portfolio and the new
investments,
in total CAD
1,461,398