Retirement Portfolio Net Worth - As of May1 -2020
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. April was a quiet month as far as the rentals were concerned and for the first time in a long time I didn't have to put any money into the units. COVID-19 is still obviously affecting the markets and the economy as a whole but the markets have seemed to stabilize and none of my tenants have indicated that they require a rent deferral. As far as the stock market is concerned I made 2 very small trades this month. I averaged down on Brookfield Property Partners and I sold my holding in The Stars Group ahead of their merger with Flutter. ASSETS Apr Contributions: $1250 Retirement Portfolio: $444,622 (down $37,116, stock market increase) Rent