Retirement Portfolio Net Worth – As of Sept 4 - 2017
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 RESPs. ASSETS: Aug Contributions: $0 Retirement Portfolio: $456,642 (down $3,845 - stock market and currency losses) Rental Property: $105,000 (up $25,000 estimate of post renovation selling price) Total Retirement Assets: $561,642 (up $21,155) LIABILITIES: Investment Loan: $35,525 (down $1,288) Rental Property Loan: $78,118 (down $508) Total Liabilities: $113,643 (down $1,796) Retirement Portfolio Net Worth: $447,999 (up $22,951) Dividends Received (year to date): $8,812 (up $618) We didn’t make any new contributions this month and our investment portfolio was down around 0.8%. A large portion of this decline was due to exchange rates. I’ve finally fi