Retirement Portfolio Net Worth – As of Nov 1 - 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 our childrens RESPs.

Oct Contributions: $500
Retirement Portfolio: $484,421 (up $11,991 stock market gains + $500 contribution)
Rental Property: $105,000 (lowest estimated selling price)

Total Retirement Assets: $589,421 (up $11,991)

Investment Loan: $32,644 (down $1,490)
Rental Property Loan: $77,118 (down $500)
Total Liabilities: $109,762 (down $1,990)

Retirement Portfolio Net Worth: $479,659 (up $13,981)

Dividends Received (year to date): $11,216 (up $940)

October was another good month, once again due to stock market gains. I did manage to add a paltry $500 to our investment account this month which is far below what I was aiming for. I don’t expect I’ll be able to add much next month either as I still have to contribute to my kids RESP (registered education savings plan) and I don’t include the value of those investments in my retirement net worth. I'm going to see how the rest of the year goes but I'm hoping that sometime at the end of December I'm going to talk to my wife and see if we can try and jointly come up with some saving goals for 2018.


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