Retirement Portfolio Net Worth - As of Mar 01 - 2023

 The goal:

1. Retirement Equity Portfolio of $1,000,000
2. Rental Portfolio Value of $1,200,000
3. Annual Passive Income of $60,000 (rental income + dividends combined)

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.

COMMENTARY:
February was a very quiet month. No major issues with the rentals and no contributions or purchases in the stock market.

 ASSETS.

Feb Contributions: $0
Retirement Portfolio: $707,704 (DOWN $11,114 stock market depreciation)
Rental Property #1: $130,000 (estimated selling price)
Rental Property #2: $350,000 (estimated selling price)
Rental Property #3: $300,000 (estimated selling price)
Rental Property #4: $225,000 (estimated selling price)

Total Retirement Assets: $1,701,590 (down $11,114)

LIABILITIES:

Rental Property Loan #1: $43,053 (down $207)
Rental Property Loan #2: $114,888 (down $597)
Rental Property Loan #3: $174,056 (down $626)
Rental Property Loan #4: $168,993 (down $678)

Total Liabilities: $500,990 (down $2,108)

Retirement Portfolio Net Worth: $1,209,606 (down $9,006)

Dividends Received (year to date): $4,067  (up $1,014)

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