Retirement Portfolio Net Worth - As of Sept02- 2022
The goal: 1. Retirement Equity Portfolio of $1,000,000 2. Rental Portfolio Value of $1,200,000 3. Annual Passive Income of $60,000 (rental income + dividends combined) 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 Aug Contributions: $1,000 Retirement Portfolio: $673,713 (down $5,471 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: $1,673,242 (down $5 ,471 ) LIABILITIES : Rental Property Loan #1: $44,339 (down $231) Rental Property Loan #2: $119,615 (up $506 due to refinance fees) Rental Property Loan #3: $178,115 (down $729) Rental Property Loan #4: $173,076 (down $6