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Showing posts from October, 2021

Retirement Portfolio Net Worth - As of Oct4 -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. Well this was our first negative month in while. Despite contributing $10,400 to our retirement accounts we still ended the month with a net worth decrease of $2,736. None of our investments  stumbled it was just a matter of them going down in sympathy with the rest of the markets which are just correcting off of their all time highs. ASSETS Sept  Contributions : $10,400 Retirement Portfolio: $652,956  (down $4,869 stock market decrease) 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 pric