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This is goal_oriented's #113 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 873,600 and my FI portfolio increased to CAD 873,600


Net worth

CAD 873,600

Since the last update on my net worth has increased with CAD 3,000 (+ 0.34 %).

FI portfolio

CAD 873,600

Since the last update on my FI portfolio has increased with CAD 3,000 (+ 0.34 %).

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 44,500 +1,200 45,700
Investments 582,100 +2,200 584,300
Retirement acc 244,000 -400 243,600
Real estate 0 0 0
Other assets 0 0 0
Total assets 870,600 +3,000 873,600

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 53,400 -7,700 45,700
Investments 276,000 +308,300 584,300
Retirement acc 238,200 +5,400 243,600
Real estate 230,000 -230,000 0
Other assets 0 0 0
Total assets 797,600 +76,000 873,600

Mortgage 166,400 -166,400 0
Other debt 0 0 0
Total debt 166,400 -166,400 0
Change
Cash 7,000 +38,700 45,700
Investments 35,000 +549,300 584,300
Retirement acc 60,000 +183,600 243,600
Real estate 0 0 0
Other assets 0 0 0
Total assets 102,000 +771,600 873,600

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

I am now 62.4% on my way to achive my FIRE target of CAD 1,400,000. This is 0.2 percentage points closer, compared to the last net worth update.

CAD 873,600 FIRE target: CAD 1,400,000


62.4%

FI portfolio

My FI portfolio now consists of CAD 584,300 (66.9%) in investments, CAD 243,600 (27.9%) in retirement accounts, and CAD 45,700 (5.2%) in cash.

Investments

Since my last update, my investments increased with CAD 2,200 (0.38%), of which CAD 4,800 was from contributions, and CAD -2,600 was from returns.

Since I started tracking, my total contributions have been CAD 229,067, and my total return has been CAD 320,233.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -400 (-0.16%).

Since I started tracking, my total contributions have been CAD 126,832, and my total return is CAD 56,768.




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

If I quit working today, my monthly pay out would be CAD 2,912 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
2,912/month
(4.0% SWR)
2,548/month
(3.5% SWR)
2,184/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 418,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 108,400


Financial independence forecast