Retirement Portfolio Net Worth – As of June 1- 2017

The goal is an investment portfolio 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 educational saving plans.

ASSETS:
May Contributions: $0
Retirement Portfolio: $468,184 (down $8,294 - stock market losses)
Rental Property: $80,000 (purchase price)

Total Retirement Assets: $548,184

LIABILITIES:

Investment Loan: $39,474 (down $1,628)
Rental Property Loan: $79,774

Total Liabilities: $119,248

Retirement Portfolio Net Worth: $428,936 (down $6,441)

*Dividends Received (year to date): $5030.6 (up $755.60)

We didn’t make any new contributions this month and although the portfolio value is down $8,294 this represents only a 1.7% drop in value. I’m 100% invested in equities so five figure swings in value are the norm for me. 

As you can see above I purchased a rental property this month. I estimate that I got it for approximately 20% below market value as it requires a ton of work. Once all the work is completed I’m going to have it re-assessed by my realtor and will update the value of the property at that point. 

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