FI3000

Despite making almost no contributions to our retirement portfolio we were still able to increase our retirement net north by $160,232 in 2019. This was largely accomplished through renovations to the rental units as well as stock market appreciation. Overall I'm happy with our 2019 results but hope to drastically increase our portfolio contributions in 2020. ASSETS Contributions Made in 2019: $3050 Retirement Portfolio: $516,785 (up $68,524 in 2019) Rental Property #1: $105,000 (no change in 2019) Rental Property #2: $205,000 (up $50,000 in 2019) Rental Property #3: $230,000 (no change in 2019) Total Retirement Assets: $1,056,785 (up $118,534 in 2019) LIABILITIES : Investment Loan: $7,243 (down $10,942 in 2019) Rental Property Loan #1: $62,822 (down $6,814 in 2019) Rental Property Loan #2: $143,078 (down $6,323 in 2019) Rental Property Loan #3: $217,778 (down $9,319) Car Loan: $0 (down $8,721 in 2019) Total Liabilities: $430,921 (down $41,698 in 2019) Retirement Portfolio Net

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. Overall December was a pretty positive month. I didn't do any work on the rentals or my investment portfolio and still managed to post an $8,085 gain to my retirement net worth. I'll post a year in review summary sometime in Jan. ASSETS Dec Contributions: $2000 Retirement Portfolio: $516,785  (up $4,756, stock market increase + $2000 contribution) Rental Property #1: $105,000 (estimated selling price) Rental Property #2: $205,000 (estimated selling price) Rental Property #3: $230,000 (purchase price) Total Retirement Assets: $1,056,785 (up $4,756) LIABILITIES : Investment Loan: $7,243 (down $958) Rental Property Loan #1: $62,822 (down $698)