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Net worth update per



This is CanadianTeacher's #6 net worth update. Please check out my profile here for more information. As of , my net worth decreased to CAD 21,205 and my FI portfolio decreased to CAD 19,205


Net worth

CAD 21,205

Since the last update on my net worth has decreased with CAD -787 ( -3.58 %).

FI portfolio

CAD 19,205

Since the last update on my FI portfolio has decreased with CAD -787 ( -3.94 %).

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 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.

CAD 19,205 FIRE target: CAD 800,000


2.4%


FI portfolio


My FI portfolio now consists of CAD 11,970 (62.3%) in retirement accounts, and CAD 7,235 (37.7%) in cash.

Retirement accounts

Since my last update, my retirement accounts decreased with CAD -1,276 (-9.63%), of which CAD 2,350 was from contributions , and CAD 534 was from returns.




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


If I quit working today, my monthly pay out would be CAD 64 for the rest of my life.


Monthly SWR amount
Retire today with (CAD)
64/month
(4.0% SWR)
56/month
(3.5% SWR)
48/month
(3.0% SWR)


When can I retire?


FI date


My age

44

I am currently aiming to save/invest approximately CAD 1,200 each month.

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 16 years and 0 months, in , and at that time I will be 44 years old.

By that time I will have invested/saved another CAD 291,600, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 489,195


Financial independence forecast