This is my #2 net worth update. Please check out my profile here for more information. As of 2020-03-17T00:00:00Z, my net worth increased to CAD 392,000 and my FI portfolio increased to CAD 385,000
I am now 28.5% on my way to achive my FIRE target of CAD 1,350,000. This is 8.2 percentage points closer, compared to the last net worth update.
My FI portfolio now consists of CAD 17,000 (4.4%) in investments, CAD 240,000 (62.3%) in retirement accounts, and CAD 128,000 (33.2%) in cash.
Since my last update, my investments
with CAD -56,000
(-76.71%), of which
contributions, and CAD
-66,000 was from
Since I started tracking, my total contributions have been CAD 10,000, and my total return has been CAD -66,000.
Since my last update, my retirement accounts
with CAD 40,000
(20.0%), of which
, and CAD
10,000 was from
Since I started tracking, my total contributions have been CAD 30,000, and my total return is CAD 10,000.
If I quit working today, my monthly pay out would be CAD 1,283 for the rest of my life.
I am currently aiming to save/invest
approximately CAD 5,000
Assuming an annual return of 10% on my investments and my retirement accounts, I aim to reach my FIRE target of CAD 1,350,000 in 7 years and 5 months, in 2027-09-17T00:00:00Z, and at that time I will be 44 years old.
By that time I will have invested/saved another CAD 450,000, while the rest will be return on my existing FI portfolio and the new investments, in total CAD 515,000