Retirement Portfolio Net Worth - As of June01 - 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.

A quiet month with very little spending on the rental units and no new money added to our retirement portfolio.

ASSETS

May Contributions: $0
Retirement Portfolio: $694,529 (up $4,515 stock market appreciation)
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: $1,604,529 (up $4,515)

LIABILITIES:

Rental Property Loan #1: $45,122 (down $294)
Rental Property Loan #2: $120,840 (down $793)
Rental Property Loan #3: $180,811 (down $956)
Rental Property Loan #4: $175,139 (down $683)

Total Liabilities: $521,912 (down $2,726)

Retirement Portfolio Net Worth: $1,082,617 (up $7,241)

Dividends Received (year to date): $8,071 (up $1,134)

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