Retirement Portfolio Net Worth - As of Dec01-2023

 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:
What a difference a couple months made.  Our retirement portfolio increased by a whooping $63,917. The large jump was caused by a combination of stock market appreciation, aggressive debt reduction and an $8K contribution to our equity portfolio.

ASSETS.

Oct + Nov Contributions: $8,850
Retirement Equity Portfolio: $735,870 (UP $45,166)
Rental Property #1: $150,000 (estimated selling price)
Rental Property #2: $350,000 (estimated selling price)
Rental Property #3: $350,000 (estimated selling price)
Rental Property #4: $275,000 (estimated selling price)

Total Retirement Assets: $1,860,870 (UP $45,166)

LIABILITIES:

Rental Property Loan #1: $42,065 (down $754)
Rental Property Loan #2: $111,861 (down $2351)
Rental Property Loan #3: $170,843 (down $16,962)
Rental Property Loan #4: $165,545 (down $2792)

Total Liabilities: $467,455 (down $18,751)

Retirement Portfolio Net Worth: $1,393,415 (up $63,917)

Dividends Received (year to date): $22,241  (UP $4,323)

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