Retirement Portfolio Net Worth - As of July4 - 2024

 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.

June was not a great month for our equity portfolio. However, I've adjusted the value of one of the rental properties based on a recent appraisal. So overall our retirement portfolio is up $47,317 despite a $47,683 drop in the value of our equity portfolio.

ASSETS

June Contributions: $0
Retirement Portfolio: $646,846 (down $47,683 stock market depreciation)
Rental Property #1: $130,000 (estimated selling price)
Rental Property #2: $350,000 (estimated selling price)
Rental Property #3: $300,000 (estimated selling price)
Rental Property #4: $225,000 (estimated selling price)

Total Retirement Assets: $1,665,846 (up $47,317)

LIABILITIES:

Rental Property Loan #1: $44,840 (down $282)
Rental Property Loan #2: $119,888 (down $952)
Rental Property Loan #3: $189,714 (down $1,097)
Rental Property Loan #4: $174,413 (down $726)

Total Liabilities: $518,855 (down $3,057)

Retirement Portfolio Net Worth: $1,146,991 (up $50,374)

Dividends Received (year to date): $10,061 (up $1,990)

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