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Net worth update per


This is MoMoneyMoProblems's #33 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 707,500 and my FI portfolio increased to CAD 539,200


Net worth

CAD 707,500

Since the last update on my net worth has increased with CAD 15,800 (+ 2.28 %).

FI portfolio

CAD 539,200

Since the last update on my FI portfolio has increased with CAD 30,600 (+ 6.02 %).

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 11,600 +4,400 16,000
Investments 223,000 +13,700 236,700
Retirement acc 274,000 +12,500 286,500
Real estate 300,000 -10,000 290,000
Other assets 5,000 -5,000 0
Total assets 813,600 +15,600 829,200

Mortgage 119,900 -1,400 118,500
Other debt 2,000 + 1,200 3,200
Total debt 121,900 + -200 121,700
Change
Cash 16,300 -300 16,000
Investments 91,000 +145,700 236,700
Retirement acc 200,200 +86,300 286,500
Real estate 337,500 -47,500 290,000
Other assets 0 0 0
Total assets 645,000 +184,200 829,200

Mortgage 133,955 -15,455 118,500
Other debt 8,500 -5,300 3,200
Total debt 142,455 -20,755 121,700
Change
Cash 9,000 +7,000 16,000
Investments 15,000 +221,700 236,700
Retirement acc 15,000 +271,500 286,500
Real estate 0 + 290,000 290,000
Other assets 0 0 0
Total assets 39,000 +790,200 829,200

Mortgage 0 118,500 118,500
Other debt 8,500 -5,300 3,200
Total debt 8,500 + 113,200 121,700

I am now 27.0% on my way to achive my FIRE target of CAD 2,000,000. This is 1.5 percentage points closer, compared to the last net worth update.

CAD 539,200 FIRE target: CAD 2,000,000


27.0%

FI portfolio

My FI portfolio now consists of CAD 236,700 (43.9%) in investments, CAD 286,500 (53.1%) in retirement accounts, and CAD 16,000 (3.0%) in cash.

Investments

Since my last update, my investments increased with CAD 13,700 (6.14%).

Retirement accounts

Since my last update, my retirement accounts increased with CAD 12,500 (4.56%).




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

If I quit working today, my monthly pay out would be CAD 1,797 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
1,797/month
(4.0% SWR)
1,572/month
(3.5% SWR)
1,348/month
(3.0% SWR)


When can I retire?

FI date

My age

37

I am currently aiming to save/invest approximately CAD 10,000 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 2,000,000 in 7 years and 7 months, in , and at that time I will be 37 years old.

By that time I will have invested/saved another CAD 920,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 540,800


Financial independence forecast