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Net worth update per



This is MoMoneyMoProblems's #5 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 99,250 and my FI portfolio increased to CAD 99,250


Net worth

CAD 99,250

Since the last update on my net worth has increased with CAD 13,250 (+ 15.41 %).

FI portfolio

CAD 99,250

Since the last update on my FI portfolio has increased with CAD 13,250 (+ 15.41 %).

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.

I am now 6.6% on my way to achive my FIRE target of CAD 1,500,000. This is 0.9 percentage points closer, compared to the last net worth update.

CAD 99,250 FIRE target: CAD 1,500,000


6.6%


FI portfolio


My FI portfolio now consists of CAD 61,500 (62.0%) in investments, CAD 34,750 (35.0%) in retirement accounts, and CAD 3,000 (3.0%) in cash.

Investments

Since my last update, my investments increased with CAD 7,500 (13.89%).

Retirement accounts

Since my last update, my retirement accounts increased with CAD 3,750 (12.1%).




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


If I quit working today, my monthly pay out would be CAD 330 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
330/month
(4.0% SWR)
289/month
(3.5% SWR)
248/month
(3.0% SWR)


When can I retire?


FI date


My age

38

I am currently aiming to save/invest approximately CAD 4,500 each month.

Assuming an annual return of 6% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,500,000 in 10 years and 2 months, in , and at that time I will be 38 years old.

By that time I will have invested/saved another CAD 792,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 608,750


Financial independence forecast