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Showing posts from August, 2017

Retirement Portfolio Net Worth – As of Aug 4 - 2017

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 RESPs.

ASSETS:
July Contributions: $0
Retirement Portfolio: $460,487 (down $5,433 - stock market and currency losses)
Rental Property: $80,000 (purchase price)

Total Retirement Assets: $540,487 (down $5,433)

LIABILITIES:
Investment Loan: $36,813 (down $1,984)
Rental Property Loan: $78,626 (down $652)
Total Liabilities: $115,439 (down $2,636)

Retirement Portfolio Net Worth: $425,048 (down $2797)

Dividends Received (year to date): $8,194 (up $1,481)

We didn’t make any new contributions this month and our investment portfolio was down another 1%. A large portion of this 1% decline was due to exchange rates. The only change to the portfolio in July was that I initiated a posi…