Retirement Portfolio Net Worth - As of Feb1 - 2022
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 children’s RESP. ASSETS Jan Contributions : $0 Retirement Portfolio: $692,237 Rental Property #1: $130,000 (estimated selling price) Rental Property #2: $255,000 (estimated selling price) Rental Property #3: $300,000 (estimated selling price) Rental Property #4: $225,000 (estimated selling price) Total Retirement Assets: $1,602,237 LIABILITIES : Rental Property Loan #1: $46,347 Rental Property Loan #2: $123,935 Rental Property Loan #3: $184,786 Rental Property Loan #4: $177,808 Total Liabilities: $532,886 Retirement Portfolio Net Worth: $1,069,351 Dividends Received (year to date): $2,374