Fireleap.com is a net worth tracking app that let's everyone track their finances in public. Sign up to join us!

Net worth update per


This is gammj's #169 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 903,707 and my FI portfolio decreased to CAD 785,268


Net worth

CAD 903,707

Since the last update on my net worth has decreased with CAD -44,345 ( -4.68 %).

FI portfolio

CAD 785,268

Since the last update on my FI portfolio has decreased with CAD -43,560 ( -5.26 %).

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 89,787 +1,658 91,445
Investments 227,995 -15,599 212,396
Retirement acc 511,046 -29,619 481,427
Real estate 305,000 0 305,000
Other assets 19,490 0 19,490
Total assets 1,153,318 -43,560 1,109,758

Mortgage 185,615 -186 185,429
Other debt 19,651 + 971 20,622
Total debt 205,266 + 785 206,051
Change
Cash 99,834 -8,389 91,445
Investments 224,463 -12,067 212,396
Retirement acc 494,590 -13,163 481,427
Real estate 305,000 0 305,000
Other assets 19,490 0 19,490
Total assets 1,143,377 -33,619 1,109,758

Mortgage 186,037 -608 185,429
Other debt 19,847 + 775 20,622
Total debt 205,884 + 167 206,051
Change
Cash 14,284 +77,161 91,445
Investments 0 +212,396 212,396
Retirement acc 3,331 +478,096 481,427
Real estate 0 + 305,000 305,000
Other assets 0 + 19,490 19,490
Total assets 17,615 +1,092,143 1,109,758

Mortgage 0 185,429 185,429
Other debt 0 + 20,622 20,622
Total debt 0 + 206,051 206,051

I am now 44.9% on my way to achive my FIRE target of CAD 1,750,000. This is -2.5 percentage points closer, compared to the last net worth update.

CAD 785,268 FIRE target: CAD 1,750,000


44.9%

FI portfolio

My FI portfolio now consists of CAD 212,396 (27.0%) in investments, CAD 481,427 (61.3%) in retirement accounts, and CAD 91,445 (11.6%) in cash.

Investments

Since my last update, my investments decreased with CAD -15,599 (-6.84%), of which CAD 5 was from contributions, and CAD 8,486 was from returns.

Since I started tracking, my total contributions have been CAD 134, and my total return has been CAD 393,617.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -29,619 (-5.8%), of which CAD 5 was from contributions , and CAD 28,270 was from returns.

Since I started tracking, my total contributions have been CAD 134, and my total return is CAD 871,403.




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

If I quit working today, my monthly pay out would be CAD 2,617 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
2,617/month
(4.0% SWR)
2,290/month
(3.5% SWR)
1,963/month
(3.0% SWR)


When can I retire?

FI date

My age

54

I am currently aiming to save/invest approximately CAD 461 each month.

Assuming an annual return of 7% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,750,000 in 7 years and 3 months, in , and at that time I will be 54 years old.

By that time I will have invested/saved another CAD 63,157, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 901,575


Financial independence forecast