Retirement Portfolio Net Worth - As of June 6, 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:
Nothing too extreme in May however we did have to spend a few thousand on repairs at the rentals. I've also increased the estimated selling prince of rentals 1, 3 and 4 as I haven't seen any comparable properties sell for that low in over a year.

ASSETS.

May Contributions: $0
Retirement Equity Portfolio: $705,825 (DOWN $8,532 stock market depreciation)
Rental Property #1: $150,000 (estimated selling price)
Rental Property #2: $350,000 (estimated selling price)
Rental Property #3: $350,000 (estimated selling price)
Rental Property #4: $275,000 (estimated selling price)

Total Retirement Assets: $1,830,825 (UP $111,468)

LIABILITIES:

Rental Property Loan #1: $42,659 (down $216)
Rental Property Loan #2: $113,728 (down $790)
Rental Property Loan #3: $172,842 (down $868)
Rental Property Loan #4: $167,641 (down $751)

Total Liabilities: $494,245 (down $2,625)

Retirement Portfolio Net Worth: $1,336,580 (UP $114,093)

Dividends Received (year to date): $10,024  (UP $1,853)

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