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 goal_oriented's #143 net worth update. Please check out my profile here for more information. As of , my net worth increased to CAD 1,501,200 and my FI portfolio increased to CAD 1,501,200


Net worth

CAD 1,501,200

Since the last update on my net worth has increased with CAD 79,100 (+ 5.56 %).

FI portfolio

CAD 1,501,200

Since the last update on my FI portfolio has increased with CAD 79,100 (+ 5.56 %).

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 48,400 +1,900 50,300
Investments 940,800 +48,200 989,000
Retirement acc 432,900 +29,000 461,900
Real estate 0 0 0
Other assets 0 0 0
Total assets 1,422,100 +79,100 1,501,200

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 51,600 -1,300 50,300
Investments 753,100 +235,900 989,000
Retirement acc 313,900 +148,000 461,900
Real estate 0 0 0
Other assets 0 0 0
Total assets 1,118,600 +382,600 1,501,200

Mortgage 0 0 0
Other debt 0 0 0
Total debt 0 0 0
Change
Cash 7,000 +43,300 50,300
Investments 35,000 +954,000 989,000
Retirement acc 60,000 +401,900 461,900
Real estate 0 0 0
Other assets 0 0 0
Total assets 102,000 +1,399,200 1,501,200

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

I am now 107.2% on my way to achive my FIRE target of CAD 1,400,000. This is 5.7 percentage points closer, compared to the last net worth update.

CAD 1,501,200 FIRE target: CAD 1,400,000


107.2%

FI portfolio

My FI portfolio now consists of CAD 989,000 (65.9%) in investments, CAD 461,900 (30.8%) in retirement accounts, and CAD 50,300 (3.4%) in cash.

Investments

Since my last update, my investments increased with CAD 48,200 (5.12%).

Since I started tracking, my total contributions have been CAD 408,967, and my total return has been CAD 545,033.

Retirement accounts

Since my last update, my retirement accounts increased with CAD 29,000 (6.7%), of which CAD 11,600 was from contributions , and CAD 17,400 was from returns.

Since I started tracking, my total contributions have been CAD 253,932, and my total return is CAD 147,968.




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

If I quit working today, my monthly pay out would be CAD 5,004 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
5,004/month
(4.0% SWR)
4,378/month
(3.5% SWR)
3,753/month
(3.0% SWR)


When can I retire?

FI date

My age

34

I am currently aiming to save/invest approximately CAD 23,500 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 0 years and 0 months, in , and at that time I will be 34 years old.

By that time I will have invested/saved another CAD 23,500, while the rest will be return on my existing FI portfolio and the new investments, in total CAD -124,700


Financial independence forecast