Retirement Portfolio Net Worth – As of Sept 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.

Aug Contributions: $0
Retirement Portfolio: $456,642 (down $3,845 - stock market and currency losses)
Rental Property: $105,000 (up $25,000 estimate of post renovation selling price)

Total Retirement Assets: $561,642 (up $21,155)

Investment Loan: $35,525 (down $1,288)
Rental Property Loan: $78,118 (down $508)
Total Liabilities: $113,643 (down $1,796)

Retirement Portfolio Net Worth: $447,999 (up $22,951)

Dividends Received (year to date): $8,812 (up $618)

We didn’t make any new contributions this month and our investment portfolio was down around 0.8%. A large portion of this decline was due to exchange rates.

I’ve finally finished the renovations on the rental and have received my first rent cheque for Sept (feels good).  I haven’t had my realtor in to assess the new market value however, I’ve been closely following house sales in that area for the last 6 months and strongly believe that the rental would be sold in the $105,000 to $125,000 range. I’ve used the lower end of this range for my retirement portfolio valuation.


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