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Showing posts from July, 2021

Retirement Portfolio Net Worth - As of July1 -2021

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. Overall June was an OK month. We had to spend approx. $400 on the rentals but other than that it was good. ASSETS June  Contributions : $3500 Retirement Portfolio: $641,344  (up $13,025 stock market increase + $3500 contribution) Rental Property #1: $120,000 (estimated selling price) Rental Property #2: $235,000 (estimated selling price) Rental Property #3: $280,000 (estimated selling price) Rental Property #4: $220,000 (estimated selling price) Total Retirement Assets: $1,496,344 (up $ 13,025 ) LIABILITIES : Rental Property Loan #1: $48,540 (down $315) Rental Property Loan #2: $129,550 (down $761) Rental Property Loan #3: $198,128 (down $1000) Rental