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Retirement Portfolio Net Worth - as of Dec2-2019

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. 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 our children’s RESP.

November was a really quiet month. I didn't make any portfolio purchases and only had to spend approx. $1000 on the rentals. I've spent a significant amount of money this year on rental house improvements. Of the 5 rental units that I own 4 of them are now renovated. The fifth unit does require some "sprucing up" but I estimate that it'll cost less than $3,000 for all the improvements. The timing of that renovation is dependent on when the current tenants move out (hopefully not for years)...

ASSETS

Nov Contributions: $0
Retirement Portfolio: $512,029  (up $12,857 stock market increase)
Rental Property #1: $105,000 (estimated selling…

Retirement Portfolio Net Worth - as of Nov4-2019

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. 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 our children’s RESP.

October was a busy month for us. We contributed another $1,000 to our kids education savings plan (which isn't reflected in the below numbers). I was also able to sneak $200 into our retirement account but the bulk of my investable cash ($4,300) was spent on the final payment for an exterior renovation of one of the rentals. In total I spent about $17,000 out of pocket to have all renovations done. However, I'm glad to report that the renovation is complete and I've adjusted the value of rental #2 below I didn't have a realtor or appraiser in so the adjusted selling price is just my best guess.

This is also the first month that our re…

Retirement Portfolio Net Worth - as of Oct2-2019

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. 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 our children’s RESP.

We made a measly $150 contribution in Sept but spent around $3500 improving the rentals. Of that $3500 approx. $1200 was spent to spruce up one of the units which allowed us to increase the rent by $75 a month ($900 a year). Those renovation costs will be recovered in 16 months which I think is a pretty decent payback. The remaining $2300 was spent on the major ongoing renovation that began in August.

ASSETS

Sept Contributions: $150
Retirement Portfolio: $488,619 (up $8,003 stock market increase)
Rental Property #1: $105,000 (lowest estimated selling price)
Rental Property #2: $155,000 (purchase price)
Rental Property #3: $230,000 (purchase price)

Tot…

Retirement Portfolio Net Worth - as of Sept3 -2019

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. 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 our children’s RESP.

We didn't make any contributions in Aug however, we did spend approx nine thousand on one of the rentals. I expect to spent another eight thousand in Sept on the same rental. This sounds like a lot of money but will greatly increase the resale of this unit. I'll post a revised price estimate once all the renovations are complete. Our stock portfolio declined approx. 2.5% this month but nothing was purchased or sold. I am a very long term investor so these small declines will be just a blip on the 20 year charts.

ASSETS
Aug Contributions: $0
Retirement Portfolio: $480,616 (down $12,703 stock market decline)
Rental Property #1: $105,000 (lowest esti…

Retirement Portfolio Net Worth - as of Aug1 -2019

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. 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 our children’s RESP.

We didn't make any contributions in July however, we did spend a few thousand on the rentals and also contributed to our children's education saving plan. Both of which are not included in the below numbers.

ASSETS
July Contributions: $0
Retirement Portfolio: $493,319 (up $3,162 stock market gain)
Rental Property #1: $105,000 (lowest estimated selling price)
Rental Property #2: $155,000 (purchase price)
Rental Property #3: $230,000 (purchase price)

Total Retirement Assets: $983,319 (up $3,162)

LIABILITIES:
Investment Loan: $10,965 (down $1,283)
Rental Property Loan #1: $65,633 (down $701)
Rental Property Loan #2: $145,824 (down $575)
Rental Property Loan …

Retirement Portfolio Net Worth - as of July 2 -2019

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. 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 our children’s RESP.

June was another boring month for us. I spent some time and money on our cottage (which is not included in our "retirement fund") but only added $300 to our retirement fund. Despite the small contribution our retirement fund was up $12,015 due to stock market gains. Of course all these gains could be wiped out next month as we have 100% of the fund invested in equities.

ASSETS
May Contributions: $300
Retirement Portfolio: $490,157 (up $12,015 stock market gain)
Rental Property #1: $105,000 (lowest estimated selling price)
Rental Property #2: $155,000 (purchase price)
Rental Property #3: $230,000 (purchase price)

Total Retirement Assets: $980,157 (u…

Retirement Portfolio Net Worth - as of June3 -2019

The goal is a retirement portfolio net worth of $1,000,000 and an annual passive income of $40,000. 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 our children’s RESP.

It was more of the same for May. I spent a lot of time and some money on the rental units as well as on our cottage. We also contributed to our children's educational savings plan which isn't included in the below numbers. We also have a new tenant moving into one of the units in July and we were able to increase the rent by $150 a month which will add another $1800 a year of revenue. We contributed a measly $400 to our retirement portfolio which is only a spec when compared to the pounding the portfolio took. The portfolio was down approx.$18,000 which represents approx. 3.8% of our retirement portfolio.

ASSETS
May Contributions: $400
Retirement…