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This is goal_oriented's #112 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 870,600 and my FI portfolio increased to CAD 870,600


Net worth

CAD 870,600

Since the last update on my net worth has increased with CAD 12,200 (+ 1.42 %).

FI portfolio

CAD 870,600

Since the last update on my FI portfolio has increased with CAD 12,200 (+ 1.42 %).

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 42,900 +1,600 44,500
Investments 572,200 +9,900 582,100
Retirement acc 243,300 +700 244,000
Real estate 0 0 0
Other assets 0 0 0
Total assets 858,400 +12,200 870,600

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 53,400 -8,900 44,500
Investments 276,000 +306,100 582,100
Retirement acc 238,200 +5,800 244,000
Real estate 230,000 -230,000 0
Other assets 0 0 0
Total assets 797,600 +73,000 870,600

Mortgage 166,400 -166,400 0
Other debt 0 0 0
Total debt 166,400 -166,400 0
Change
Cash 7,000 +37,500 44,500
Investments 35,000 +547,100 582,100
Retirement acc 60,000 +184,000 244,000
Real estate 0 0 0
Other assets 0 0 0
Total assets 102,000 +768,600 870,600

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

I am now 62.2% on my way to achive my FIRE target of CAD 1,400,000. This is 0.9 percentage points closer, compared to the last net worth update.

CAD 870,600 FIRE target: CAD 1,400,000


62.2%

FI portfolio

My FI portfolio now consists of CAD 582,100 (66.9%) in investments, CAD 244,000 (28.0%) in retirement accounts, and CAD 44,500 (5.1%) in cash.

Investments

Since my last update, my investments increased with CAD 9,900 (1.73%), of which CAD 6,900 was from contributions, and CAD 3,000 was from returns.

Since I started tracking, my total contributions have been CAD 224,267, and my total return has been CAD 322,833.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 700 (0.29%).

Since I started tracking, my total contributions have been CAD 126,832, and my total return is CAD 57,168.




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

If I quit working today, my monthly pay out would be CAD 2,902 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
2,902/month
(4.0% SWR)
2,539/month
(3.5% SWR)
2,176/month
(3.0% SWR)


When can I retire?

FI date

My age

34

I am currently aiming to save/invest approximately CAD 25,000 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 4 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 425,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 104,400


Financial independence forecast