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Retirement Portfolio Net Worth - as of Sept3 -2019

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 our children’s RESP.

We didn't make any contributions in Aug however, we did spend approx nine thousand on one of the rentals. I expect to spent another eight thousand in Sept on the same rental. This sounds like a lot of money but will greatly increase the resale of this unit. I'll post a revised price estimate once all the renovations are complete. Our stock portfolio declined approx. 2.5% this month but nothing was purchased or sold. I am a very long term investor so these small declines will be just a blip on the 20 year charts.

ASSETS
Aug Contributions: $0
Retirement Portfolio: $480,616 (down $12,703 stock market decline)
Rental Property #1: $105,000 (lowest esti…

Retirement Portfolio Net Worth - as of Aug1 -2019

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 our children’s RESP.

We didn't make any contributions in July however, we did spend a few thousand on the rentals and also contributed to our children's education saving plan. Both of which are not included in the below numbers.

ASSETS
July Contributions: $0
Retirement Portfolio: $493,319 (up $3,162 stock market gain)
Rental Property #1: $105,000 (lowest estimated selling price)
Rental Property #2: $155,000 (purchase price)
Rental Property #3: $230,000 (purchase price)

Total Retirement Assets: $983,319 (up $3,162)

LIABILITIES:
Investment Loan: $10,965 (down $1,283)
Rental Property Loan #1: $65,633 (down $701)
Rental Property Loan #2: $145,824 (down $575)
Rental Property Loan …

Retirement Portfolio Net Worth - as of July 2 -2019

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 our children’s RESP.

June was another boring month for us. I spent some time and money on our cottage (which is not included in our "retirement fund") but only added $300 to our retirement fund. Despite the small contribution our retirement fund was up $12,015 due to stock market gains. Of course all these gains could be wiped out next month as we have 100% of the fund invested in equities.

ASSETS
May Contributions: $300
Retirement Portfolio: $490,157 (up $12,015 stock market gain)
Rental Property #1: $105,000 (lowest estimated selling price)
Rental Property #2: $155,000 (purchase price)
Rental Property #3: $230,000 (purchase price)

Total Retirement Assets: $980,157 (u…

Retirement Portfolio Net Worth - as of June3 -2019

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 our children’s RESP.

It was more of the same for May. I spent a lot of time and some money on the rental units as well as on our cottage. We also contributed to our children's educational savings plan which isn't included in the below numbers. We also have a new tenant moving into one of the units in July and we were able to increase the rent by $150 a month which will add another $1800 a year of revenue. We contributed a measly $400 to our retirement portfolio which is only a spec when compared to the pounding the portfolio took. The portfolio was down approx.$18,000 which represents approx. 3.8% of our retirement portfolio.

ASSETS
May Contributions: $400
Retirement…

Retirement Portfolio Net Worth - as of April 30 -2019

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 our children’s RESP.

Well we obviously haven't been great at saving this year as our year to date contributions are a grand total of zero. However, since January we have paid off $4,231 of our investment loans so in effect we have basically contributed that amount so far. I have also been saving for a fairly expensive renovation at one of the rental units and our savings accounts are not reflected in the below numbers. After the renovations are complete I'll be updating the selling price of the renovated property.

ASSETS
April Contributions: $0
Retirement Portfolio: $496,332 (up $1,095 stock market gain)
Rental Property #1: $105,000 (lowest estimated selling price)
Ren…

Retirement Portfolio Net Worth - as of April 1 -2019

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 our children’s RESP.

March was the same as Feb - slow and steady. No new additions to the portfolio and no unexpected expenses or vacancies with the rentals. I hope everything stays status quo for April too.

ASSETS
Mar Contributions: $0
Retirement Portfolio: $495,238 (up $8,782 stock market gain)
Rental Property #1: $105,000 (lowest estimated selling price)
Rental Property #2: $155,000 (purchase price)
Rental Property #3: $230,000 (purchase price)

Total Retirement Assets: $985,238 (up $8,782)

LIABILITIES:
Investment Loan: $14,805 (down $847)
Rental Property Loan #1: $67,896 (down $532)
Rental Property Loan #2: $147,847 (down $785)
Rental Property Loan #3: $224,709 (down $764)
Car Loan…

Retirement Portfolio Net Worth - as of Mar1-2019

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 our children’s RESP.

February was basically slow and steady. No new additions to the portfolio and no unexpected expenses or vacancies with the rentals. I hope everything stays status quo for march too.

ASSETS
Feb Contributions: $0
Retirement Portfolio: $486,456 (up $11,074 stock market gain)
Rental Property #1: $105,000 (lowest estimated selling price)
Rental Property #2: $155,000 (purchase price)
Rental Property #3: $230,000 (purchase price)

Total Retirement Assets: $976,456 (up $11,074)

LIABILITIES:
Investment Loan: $15,652 (down $847)
Rental Property Loan #1: $68,428 (down $518)
Rental Property Loan #2: $148,362 (down $481)
Rental Property Loan #3: $225,473 (down $716)
Car Loan: $…