Retirement Portfolio Net Worth - As of April 01 - 2023
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. COMMENTARY: March was a very quiet month. We contributed $8,000 to our investment account however, despite the contribution our equity portfolio was still down another $11,000 due to the general market. As the old expression goes - a falling tide lowers all ships. On a more positive front we didn't experience any significant issues with the rentals. ASSETS. Mar Contributions: $8,000 Retirement Portfolio: $695,835 (DOWN $11,869 stock market depreciation) Rental Property #1: $130,000 (estimated selling price) Rental Property #2: $350,000 (estimated selling price) Rental Property #3: