Retirement Portfolio Net Worth - As of Sept 1

 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.

We took some vacation time in Aug and kind of just ignored the markets. We contributed $0 toward our retirement fund and only spent about $30 on the rental units.

ASSETS

Aug Contributions: $0
Retirement Portfolio: $657,825 (up $9,132 stock market increase )
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: $1,512,957 (up $9,132)

LIABILITIES:

Rental Property Loan #1: $47,916 (down $311)
Rental Property Loan #2: $127,885 (down $739)
Rental Property Loan #3: $195,980 (down $981)
Rental Property Loan #4: $181,165 (down $646)

Total Liabilities: $552,964 (down $2,677)

Retirement Portfolio Net Worth: $960,011 (up $11,809)

Dividends Received (year to date): $11,598 (up $497)

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