Retirement Portfolio Net Worth - As of Mar3 - 2022
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 children’s RESP. We pretty much broke even over the month of February. Our very small loss in the value of our stock portfolio was off-set by an almost equal reduction of mortgage debt on the rentals. ASSETS Feb Contributions : $0 Retirement Portfolio: $688,809 (down $3,428 stock market) Rental Property #1: $130,000 (estimated selling price) Rental Property #2: $255,000 (estimated selling price) Rental Property #3: $300,000 (estimated selling price) Rental Property #4: $225,000 (estimated selling price) Total Retirement Assets: $1,598,809 (down $3,428 stock market) LIABILITIES : Rental Property Loan #1: $46,029 (down $318) Rental Property Loan #2: $123,157 (down $778)