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Retirement Portfolio Net Worth - As of May2-2025

  The goal: 1. Retirement Equity Portfolio of $1,000,000 2. Passive income from Rental Portfolio of $70,000 3. Annual Passive Income of $100,000 (rental income + dividends combined) We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and children’s RESP. COMMENTARY: I've missed a few updates but hope to get back on schedule. Over the last four months I've refinanced most of the rental properties and shuffled money around to pay down my higher interest loans. As a result the amount owing on some of the rentals has changed dramatically but the overall amount owing is still the same. No money was taken out of the rentals for other purchases. Our investment accounts have also had some pretty wild swings since January due to the fickle on and off of US tariff policies. ASSETS. Jan to May Contributions: $13,700 Retirement ...
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Retirement Portfolio Net Worth - As of Dec31-2024

The goal: 1. Retirement Equity Portfolio of $1,000,000 2. Passive income from Rental Portfolio of $70,000 3. Annual Passive Income of $100,000 (rental income + dividends combined) We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and children’s RESP. COMMENTARY: There hasn't been any major changes since the last update. Our most recent rental is now all fixed up and tenanted. We're taking a breather and deciding if we're going to continue to add to our rental portfolio or just concentrate on our equity portfolio going forward. ASSETS. Oct to Dec Contributions: $0 Retirement Equity Portfolio: $920,539 (UP $17,590)  Rental Property #1: $220,000 (appraised value) Rental Property #2: $350,000 ( appraised value ) Rental Property #3: $400,000 ( appraised value ) Rental Property #4: $375,000 ( appraised value ) Rental...
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Retirement Portfolio Net Worth - As of Oct3-2024

  The goal: 1. Retirement Equity Portfolio of $1,000,000 2. Passive income from Rental Portfolio of $70,000 3. Annual Passive Income of $100,000 (rental income + dividends combined) We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and children’s RESP. COMMENTARY: Some big changes over last few months. We purchased another rental and have been extremely busy getting it ready for tenants. We also had our rental properties re-evaluated by an appraiser. The re-evaluations coupled with the stock market appreciation we've been having has increased our retirement net worth by a whopping $351,919. ASSETS. June to Oct Contributions: $10,000  Retirement Equity Portfolio: $902,949 (UP $81,709)  Rental Property #1: $220,000 (appraised value) Rental Property #2: $350,000 ( appraised value ) Rental Property #3: $400,000 (...
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Retirement Portfolio Net Worth - As of May31-2024

  The goal: 1. Retirement Equity Portfolio of $1,000,000 2. Passive income from Rental Portfolio of $70,000 3. Annual Passive Income of $100,000 (rental income + dividends combined) We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and children’s RESP. COMMENTARY: No major expenses to report. The markets are holding up and our retirement portfolio grew by $12,356 (including a $7,100 contribution). ASSETS. Apr/May Contributions: $7,100  Retirement Equity Portfolio: $821,240 (UP $12,356)  Rental Property #1: $150,000 (estimated selling price) Rental Property #2: $350,000 (estimated selling price) Rental Property #3: $350,000 (estimated selling price) Rental Property #4: $275,000 (estimated selling price) Total Retirement Assets: $1,946,240 (UP $12,356) LIABILITIES : Rental Property Loan #1: $40,155 (down $387) ...
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Retirement Portfolio Net Worth - As of Apr4-2024

  The goal: 1. Retirement Equity Portfolio of $1,000,000 2. Passive income from Rental Portfolio of $70,000 3. Annual Passive Income of $100,000 (rental income + dividends combined) We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and children’s RESP. COMMENTARY: We did a bit of work on the rentals over the last couple of months but other than that no major changes. The market are rebounding and our retirement portfolio grew by $41,672 (including a $9,300 contribution). ASSETS. Feb/Mar Contributions: $9,300  Retirement Equity Portfolio: $808,884,212 (UP $41,672)  Rental Property #1: $150,000 (estimated selling price) Rental Property #2: $350,000 (estimated selling price) Rental Property #3: $350,000 (estimated selling price) Rental Property #4: $275,000 (estimated selling price) Total Retirement Assets: $1,9...
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Retirement Portfolio Net Worth - As of Feb01-2024

  The goal: 1. Retirement Equity Portfolio of $1,000,000 2. Passive income from Rental Portfolio of $70,000 3. Annual Passive Income of $100,000 (rental income + dividends combined) We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and children’s RESP. COMMENTARY: I've decided that my goal of $60,000 in passive income was too low to support all our retirement plans. I'm moving the goal post up a whopping $40,000 to $100,000 of passive income a year. I'm also changing my second goal to be cash flow based as opposed to value based. The new goal is $70,000 of passive income from our rental portfolio. This makes more sense to be as we'll be living off the cashflow and and not the property value. ASSETS. Jan Contributions: $0  Retirement Equity Portfolio: $759,212 (UP $8,398)  Rental Property #1: $150,000 (es...
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Retirement Portfolio Networth - Update and 2023 Year In Review

  The goal: 1. Retirement Equity Portfolio of $1,000,000 2. Rental Portfolio Value of $1,200,000 3. Annual Passive Income of $60,000 (rental income + dividends combined) We are currently mortgage free but won’t be including the value of our principal residence or cottage as we have no plans to sell either. We have also omitted the value of our workplace defined benefit pension plans and children’s RESP. COMMENTARY: Although markets struggled for most of the year they rallied and finished strong. Overall it was an OK but not great year for our portfolio. We increased our net worth by  $213,607 while only contributing $52,510 from our savings ($14,860 in debt reduction and $37,650 worth of contributions to our investment accounts). Our dividend income also increased 15% to  $25,348 (avg $2,112 month). This is equivalent to having a full time job (40hrs a week) at $12.19/hr. ASSETS. Dec Contributions: $3,800 (total 2023 contributions $37,650) Retirement Equity Portfolio: $75...
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