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This is goal_oriented's #115 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 899,200 and my FI portfolio decreased to CAD 899,200


Net worth

CAD 899,200

Since the last update on my net worth has decreased with CAD -1,900 ( -0.21 %).

FI portfolio

CAD 899,200

Since the last update on my FI portfolio has decreased with CAD -1,900 ( -0.21 %).

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 45,900 -2,300 43,600
Investments 605,100 0 605,100
Retirement acc 250,100 +400 250,500
Real estate 0 0 0
Other assets 0 0 0
Total assets 901,100 -1,900 899,200

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 53,400 -9,800 43,600
Investments 276,000 +329,100 605,100
Retirement acc 238,200 +12,300 250,500
Real estate 230,000 -230,000 0
Other assets 0 0 0
Total assets 797,600 +101,600 899,200

Mortgage 166,400 -166,400 0
Other debt 0 0 0
Total debt 166,400 -166,400 0
Change
Cash 7,000 +36,600 43,600
Investments 35,000 +570,100 605,100
Retirement acc 60,000 +190,500 250,500
Real estate 0 0 0
Other assets 0 0 0
Total assets 102,000 +797,200 899,200

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

I am now 64.2% on my way to achive my FIRE target of CAD 1,400,000. This is -0.1 percentage points closer, compared to the last net worth update.

CAD 899,200 FIRE target: CAD 1,400,000


64.2%

FI portfolio

My FI portfolio now consists of CAD 605,100 (67.3%) in investments, CAD 250,500 (27.9%) in retirement accounts, and CAD 43,600 (4.8%) in cash.

Investments

Since my last update, my investments decreased with CAD 0 (0.0%), of which CAD -8,500 was from withdrawals, and CAD 8,500 was from returns.

Since I started tracking, my total contributions have been CAD 220,567, and my total return has been CAD 349,533.

Retirement accounts

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

Since I started tracking, my total contributions have been CAD 126,832, and my total return is CAD 63,668.




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

If I quit working today, my monthly pay out would be CAD 2,997 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
2,997/month
(4.0% SWR)
2,622/month
(3.5% SWR)
2,248/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 5 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 396,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 104,800


Financial independence forecast