Retirement Portfolio Net Worth - As of July1 -2021

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 June was an OK month. We had to spend approx. $400 on the rentals but other than that it was good.

ASSETS

June Contributions: $3500
Retirement Portfolio: $641,344 (up $13,025 stock market increase + $3500 contribution)
Rental Property #1: $120,000 (estimated selling price)
Rental Property #2: $235,000 (estimated selling price)
Rental Property #3: $280,000 (estimated selling price)
Rental Property #4: $220,000 (estimated selling price)

Total Retirement Assets: $1,496,344 (up $13,025)

LIABILITIES:

Rental Property Loan #1: $48,540 (down $315)
Rental Property Loan #2: $129,550 (down $761)
Rental Property Loan #3: $198,128 (down $1000)
Rental Property Loan #4: $182,526 (down $667)

Total Liabilities: $558,744 (down $2,743)

Retirement Portfolio Net Worth: $937,600 (up $16,038)

Dividends Received (year to date): $8,579 (up $1529)

Comments

Post a Comment

Popular posts from this blog

Retirement Portfolio Net Worth – As of Aug 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 : July Contributions: $0 Retirement Portfolio: $460,487 (down $5,433 - stock market and currency losses) Rental Property: $80,000 (purchase price) Total Retirement Assets: $540,487 (down $5,433) LIABILITIES : Investment Loan: $36,813 (down $1,984) Rental Property Loan: $78,626 (down $652) Total Liabilities: $115,439 (down $2,636) Retirement Portfolio Net Worth: $425,048 (down $2797) Dividends Received (year to date): $8,194 (up $1,481) We didn’t make any new contributions this month and our investment portfolio was down another 1%. A large portion of this 1% decline was due to exchange rates. The only change to the portfolio in July was th...
Read more

Retirement Portfolio Net Worth – As of May 1- 2017

- 2922 Days until Retirement - The goal is an investment portfolio 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: April Contributions: $0 Retirement Portfolio: $476,479 (up $3,862 - stock market gains) LIABILITIES: Investment Loan: $41,102 (down $1,305) Retirement Portfolio Net Worth: $435,377 (up $5,167) * Dividends Received (year to date): $4275 (up $1,190) We didn’t make any new contributions this month as I’m currently in the process of closing on my first rental property. I want to keep some powder dry to in order to fund some improvements before renting it. Next month I’ll be including the new equity/debt and cash flow of the new rental. 
Read more

Retirement Portfolio Net Worth - as of Aug1-2018

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 RESPs. We didn't make any new contributions (yet again). However, we still had a stellar month with our net worth increasing by $15,000. The majority of this gain is due to stock market gains. Although, it looks great on paper next month could easily see drop of the same value. ASSETS July Contributions: $0 Retirement Portfolio: $505,517 (up $13,201 stock market gain) Rental Property #1: $105,000 (lowest estimated selling price) Rental Property #2: $155,000 (purchase price) Total Retirement Assets: $765,517 (up $13,201) LIABILITIES : Investment Loan: $22,904 (down $1,012) Rental Property Loan #1: $72,373 (down $511) Rental Property Loan #...
Read more