This is my #6 net worth update. Please check out my profile here for more information. As of 2020-03-15T00:00:00Z, my net worth decreased to CAD 21,205 and my FI portfolio decreased to CAD 19,205
I am now 2.4% on my way to achive my FIRE target of CAD 800,000. This is -0.1 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of CAD 11,970 (62.3%) in retirement accounts, and CAD 7,235 (37.7%) in cash.
Since my last update, my retirement accounts decreased with CAD -1,276 (-9.63%), of which CAD 1,000 was from contributions , and CAD -2,276 was from returns.
If I quit working today, my monthly pay out would be CAD 64 for the rest of my life.
I am currently aiming to save/invest
approximately CAD 1,400
Assuming an annual return of 8% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 800,000 in 18 years and 9 months, in 2039-01-15T00:00:00Z, and at that time I will be 42 years old.
By that time I will have invested/saved another CAD 316,400, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 464,395