This is my first net worth update, hence it will be limited. Later updates will contain more details. Please check out my profile here for more information. As of 2020-03-16T00:00:00Z, my net worth was CAD -34,800 and my FI portfolio was CAD 5,200.
I am now 0.2% on my way to achive my FIRE target of CAD 3,000,000.
My FI portfolio now consists of CAD 5,200 (100.0%) in retirement accounts, and CAD 0 (0.0%) in cash.
If I quit working today, my monthly pay out would be CAD 17 for the rest of my life.
I am currently aiming to save/invest
approximately CAD 500
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 3,000,000 in 38 years and 6 months, in 2058-10-16T00:00:00Z, and at that time I will be 65 years old.
By that time I will have invested/saved another CAD 231,500, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 2,763,300