May 2014 – Investment Update

The following is an update of Tim’s plan to retire early.  Please note we are mortgage free, and the house equity isn’t part of the retirement plan.

To track my progress I’ve decided to track both my expenses and my investment gains.  So once the investments gains are consistently beating my expenses I’m financially independent and can stop working.  I use a trailing 12 month average on spending (but excluding vacations) and a trailing 12 month average on investment results.


Account (Contribution), [+/- Gain or Loss less contributions]

RRSP $38,000 ($100), [+$0]
LIRA $14,130 ($0), [+$200]
TFSA $45,250 ($0), [+$990]
Pension $97,310 ($1136), [+$954]
Wife’s RRSP $58,420($3000), [+$0]
Wife’s TFSA $40,070 ($0), [+$330]
High Interest Savings Account $4590 (+$600),[+$0]

Investment Net Worth $297,308 ($4836), [+$2418 or +0.8%]

(YTD Contribution: $27,832), [YTD Gain: $13,006 or +4.5%]

Average Monthly Gain (12 month rolling) $2118


Last Month $1361

A nice low month, which is great since next month I pay my property taxes for the year.

Trailing Last 12 Month Average $2491


Number of months trailing average spending covered by trailing investment gains: 0.85 {Target 1.0 or higher}

PF Score: 23.3  {Target 32}

Net Worth ~$697,000


Ugh, so close to having $300,000 in investments. Oh, well next month we can hopefully hit it.  By the way, if you look at the chart below you might have noticed something, it typically takes me like a year to gain about $50k in net worth, but now I’m up over $40k in just six months.  Partly this is due to some extra contributions, but also we are starting to see the impact of compounding is having as you get a higher net worth.  It’s sort of fun to watch.

On the spending side we also have been really good this year so that is also helping along my metrics in the results section.  I doubt this will last as we do have a few bigger purchases on the horizon with a house reno, new kitchen floors, being planned for later in the year.

Any questions?

(click to make bigger)

May 2014 Investment Net Worth

6 thoughts on “May 2014 – Investment Update”

  1. Great job. That investment chart is getting steeper and steeper 🙂 My PF score is only 8 but my investments/spending is about 50%.

  2. @debs – My last calculation came out with about age 41 (so about five years). Of course, I should likely update that sometime and see if I’m closing the gap a bit faster than expected.

    @Liquid – Oh good job on only spending half, that will help drive up your PF score as you go along. The compounding is just slow at the start. My first $100,000 in investment took SO long to get.

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