tag:blogger.com,1999:blog-86363481619652463282024-03-28T20:28:19.731-07:00FI3000Unknownnoreply@blogger.comBlogger105125tag:blogger.com,1999:blog-8636348161965246328.post-29468457322460160202024-02-01T04:36:00.000-08:002024-02-01T04:36:31.165-08:00Retirement Portfolio Net Worth - As of Feb01-2024<p> <span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><div class="post-outer" style="background-color: white; border: 0px; padding-bottom: 0.25em; position: relative;"><div class="post" style="margin-top: 0px;"><div class="post-body entry-content float-container" id="post-body-6404292016667779678" style="font-feature-settings: normal; font-kerning: auto; font-optical-sizing: auto; font-stretch: normal; font-variant-alternates: normal; font-variant-east-asian: normal; font-variant-numeric: normal; font-variant-position: normal; font-variation-settings: normal; line-height: 1.6em; margin: 1.5em 0px 2em;"><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br />2. Passive income from Rental Portfolio of $70,000<br />3. Annual Passive Income of $100,000 (rental income + dividends combined)</span></p><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">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.</span></p><p><u style="color: #757575; font-family: arial; font-size: 15px;">COMMENTARY:</u><br /><span style="color: #757575; font-family: arial;"><span style="font-size: 15px;">I've decided that my goal of $60,000 in passive income was too low to support all our retirement plans. I'm moving the goal post up a whopping $40,000 to $100,000 of passive income a year. I'm also changing my second goal to be cash flow based as opposed to value based. The new goal is $70,000 of passive income from our rental portfolio. This makes more sense to be as we'll be living off the cashflow and and not the property value.</span></span></p><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;"><u>ASSETS.</u></span></p><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Jan Contributions: $0 <br />Retirement Equity Portfolio: $759,212 (UP $8,398) <br />Rental Property #1: $150,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $350,000 (estimated selling price)<br />Rental Property #4: $275,000 (estimated selling price)</span></p><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,892,610 (UP $8,398)</span></p><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $40,932 (down $187)<br />Rental Property Loan #2: $108,424 (down $537)<br />Rental Property Loan #3: $153,243 (down $306)<br />Rental Property Loan #4: $161,383 (down $682)</span></p><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $463,982 (down $1,712)<br /><br />Retirement Portfolio Net Worth: $1,428,628 (up $10,110)<br /><br />Dividends Received (year to date): $1,996</span></p></div></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-15936778366373466352023-12-29T05:07:00.000-08:002023-12-29T05:07:33.357-08:00Retirement Portfolio Networth - Update and 2023 Year In Review<p> <span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><div class="post-outer" style="background-color: white; border: 0px; color: #757575; font-family: Roboto, sans-serif; font-size: 15px; padding-bottom: 0.25em; position: relative;"><div class="post" style="margin-top: 0px;"><div class="post-body entry-content float-container" id="post-body-6404292016667779678" style="font-feature-settings: normal; font-kerning: auto; font-optical-sizing: auto; font-stretch: normal; font-variant-alternates: normal; font-variant-east-asian: normal; font-variant-numeric: normal; font-variant-position: normal; font-variation-settings: normal; line-height: 1.6em; margin: 1.5em 0px 2em;"><p><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br />2. Rental Portfolio Value of $1,200,000<br />3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p><span style="font-family: arial;">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.</span></p><p><u style="font-family: arial;">COMMENTARY:</u><br /><span style="font-family: arial;">Although markets struggled for most of the year they rallied and finished strong. Overall it was an OK but not great year for our portfolio. We increased our net worth by </span><span style="font-family: arial;">$213,607 while only contributing $52,510 from our savings ($14,860 in debt reduction and $37,650 worth of contributions to our investment accounts). Our dividend income also increased 15% to </span><span style="font-family: arial;">$25,348 (avg $2,112 month). This is equivalent to having a full time job (40hrs a week) at $12.19/hr.</span></p><p><span style="font-family: arial;"><u>ASSETS.</u></span></p><p><span style="font-family: arial;">Dec Contributions: $3,800 (total 2023 contributions $37,650)<br />Retirement Equity Portfolio: $759,212 (UP $23,342) (up $73,849 in 2023)<br />Rental Property #1: $150,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $350,000 (estimated selling price)<br />Rental Property #4: $275,000 (estimated selling price)</span></p><p><span style="font-family: arial;">Total Retirement Assets: $1,884,212 (UP $23,342) (up $213,607 in 2023) </span></p><p><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $41,119 (down $946) (down $2,333 in 2023)<br />Rental Property Loan #2: $108,961 (down $549) (down $7,091 in 2023)<br />Rental Property Loan #3: $153,549 (down $332) (down $21,730 in 2023)<br />Rental Property Loan #4: $162,065 (down $688) (down $8,270 in 2023)</span></p><p><span style="font-family: arial;">Total Liabilities: $465,694 (down $2,515) (down $39,424 in 2023)<br /><br />Retirement Portfolio Net Worth: $1,418,518 (up $25,857) (up $253,031 in 2023)<br /><br />Dividends Received (year to date): $25,348 (UP $3,107) (up $3,323 in 2023)</span></p></div></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-71572730581746690582023-12-01T05:09:00.000-08:002023-12-01T05:09:21.257-08:00Retirement Portfolio Net Worth - As of Dec01-2023<p> <span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><div class="post-outer" style="background-color: white; border: 0px; color: #757575; font-family: Roboto, sans-serif; font-size: 15px; padding-bottom: 0.25em; position: relative;"><div class="post" style="margin-top: 0px;"><div class="post-body entry-content float-container" id="post-body-6404292016667779678" style="font-feature-settings: normal; font-kerning: auto; font-optical-sizing: auto; font-stretch: normal; font-variant-alternates: normal; font-variant-east-asian: normal; font-variant-numeric: normal; font-variant-position: normal; font-variation-settings: normal; line-height: 1.6em; margin: 1.5em 0px 2em;"><p><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br />2. Rental Portfolio Value of $1,200,000<br />3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p><span style="font-family: arial;">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.</span></p><p><u style="font-family: arial;">COMMENTARY:</u><br /><span style="font-family: arial;">What a difference a couple months made. Our retirement portfolio increased by a whooping $</span><span style="font-family: arial;">63,917. The large jump was caused by a combination of stock market appreciation, aggressive debt reduction and an $8K contribution to our equity portfolio.</span></p><p><span style="font-family: arial;"><u>ASSETS.</u></span></p><p><span style="font-family: arial;">Oct + Nov Contributions: $8,850<br />Retirement Equity Portfolio: $735,870 (UP $45,166)<br />Rental Property #1: $150,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $350,000 (estimated selling price)<br />Rental Property #4: $275,000 (estimated selling price)</span></p><p><span style="font-family: arial;">Total Retirement Assets: $1,860,870 (UP $45,166)</span></p><p><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $42,065 (down $754)<br />Rental Property Loan #2: $111,861 (down $2351)<br />Rental Property Loan #3: $170,843 (down $16,962)<br />Rental Property Loan #4: $165,545 (down $2792)</span></p><p><span style="font-family: arial;">Total Liabilities: $467,455 (down $18,751)<br /><br />Retirement Portfolio Net Worth: $1,393,415 (up $63,917)<br /><br />Dividends Received (year to date): $22,241 (UP $4,323)</span></p></div></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-60051672848098477992023-10-03T04:34:00.001-07:002023-10-03T04:34:25.317-07:00Retirement Portfolio Net Worth - As of Oc3-2023<p> <span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><div class="post-outer" style="background-color: white; border: 0px; color: #757575; font-size: 15px; padding-bottom: 0.25em; position: relative;"><div class="post" style="margin-top: 0px;"><div class="post-body entry-content float-container" id="post-body-6404292016667779678" style="font-feature-settings: normal; font-kerning: auto; font-optical-sizing: auto; font-stretch: normal; font-variant-alternates: normal; font-variant-east-asian: normal; font-variant-numeric: normal; font-variant-position: normal; font-variation-settings: normal; line-height: 1.6em; margin: 1.5em 0px 2em;"><p style="font-family: Roboto, sans-serif;"><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br />2. Rental Portfolio Value of $1,200,000<br />3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p style="font-family: Roboto, sans-serif;"><span style="font-family: arial;">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.</span></p><p><u style="font-family: arial;">COMMENTARY:</u><br /><span style="font-family: arial;">I've decided to change my posting frequency to every other month. As I'm basically the only reader every other month will cut the work in half but still allow me to accurately document my journey to FI. The markets have been heading south over the last couple of months and our portfolio has reflected that. Despite a $3,300 contribution we are $12,982 poorer than last posting.</span></p><p style="font-family: Roboto, sans-serif;"><span style="font-family: arial;"><u>ASSETS.</u></span></p><p style="font-family: Roboto, sans-serif;"><span style="font-family: arial;">Aug + Sept Contributions: $3,300<br />Retirement Equity Portfolio: $690,704 (DOWN $12,982)<br />Rental Property #1: $150,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $350,000 (estimated selling price)<br />Rental Property #4: $275,000 (estimated selling price)</span></p><p style="font-family: Roboto, sans-serif;"><span style="font-family: arial;">Total Retirement Assets: $1,815,704 (DOWN $12,982)</span></p><p style="font-family: Roboto, sans-serif;"><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $42,065 (down $368)<br />Rental Property Loan #2: $111,861 (down $1087)<br />Rental Property Loan #3: $170,843 (down $1274)<br />Rental Property Loan #4: $165,545 (down $1369)</span></p><p style="font-family: Roboto, sans-serif;"><span style="font-family: arial;">Total Liabilities: $486,206 (down $4,108)<br /><br />Retirement Portfolio Net Worth: $1,329,498 (DOWN $8,874)<br /><br />Dividends Received (year to date): $17,918 (UP $3,859)</span></p></div></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-72106447133088547322023-08-01T04:37:00.000-07:002023-08-01T04:37:43.070-07:00Retirement Portfolio Net Worth - As of Aug01 - 2023<p> <span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><div class="post-outer" style="background-color: white; border: 0px; color: #757575; font-family: Roboto, sans-serif; font-size: 15px; padding-bottom: 0.25em; position: relative;"><div class="post" style="margin-top: 0px;"><div class="post-body entry-content float-container" id="post-body-6404292016667779678" style="font-feature-settings: normal; font-kerning: auto; font-optical-sizing: auto; font-stretch: normal; font-variant-alternates: normal; font-variant-east-asian: normal; font-variant-numeric: normal; font-variation-settings: normal; line-height: 1.6em; margin: 1.5em 0px 2em;"><p><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br />2. Rental Portfolio Value of $1,200,000<br />3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p><span style="font-family: arial;">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.</span></p><p><u style="font-family: arial;">COMMENTARY:</u><br /><span style="font-family: arial;">Everything was quiet on the rental front but we planning on spending a few more thousand on one of the units in the coming months.</span></p><p><span style="font-family: arial;"><u>ASSETS.</u></span></p><p><span style="font-family: arial;">July Contributions: $2,000<br />Retirement Equity Portfolio: $703,686 (UP $24,535 stock market appreciation + $2K contribution)<br />Rental Property #1: $150,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $350,000 (estimated selling price)<br />Rental Property #4: $275,000 (estimated selling price)</span></p><p><span style="font-family: arial;">Total Retirement Assets: $1,853,211 (UP $24,535)</span></p><p><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $42,065 (down $182)<br />Rental Property Loan #2: $111,861 (down $513)<br />Rental Property Loan #3: $170,843 (down $538)<br />Rental Property Loan #4: $165,545 (down $670)</span></p><p><span style="font-family: arial;">Total Liabilities: $490,314(down $1,903)<br /><br />Retirement Portfolio Net Worth: $1,362,897 (UP $26,428)<br /><br />Dividends Received (year to date): $14,059 (UP $3,015)</span></p></div></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-27584416636788068832023-06-30T08:36:00.003-07:002023-06-30T08:36:31.723-07:00Retirement Portfolio Net Worth - As of June 30 2023<p> <span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><div class="post-outer" style="background-color: white; border: 0px; padding-bottom: 0.25em; position: relative;"><div class="post" style="margin-top: 0px;"><div class="post-body entry-content float-container" id="post-body-6404292016667779678" style="font-feature-settings: normal; font-kerning: auto; font-optical-sizing: auto; font-stretch: normal; font-variant-alternates: normal; font-variant-east-asian: normal; font-variant-numeric: normal; font-variation-settings: normal; line-height: 1.6em; margin: 1.5em 0px 2em;"><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br />2. Rental Portfolio Value of $1,200,000<br />3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">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.</span></p><p><u style="color: #757575; font-family: arial; font-size: 15px;">COMMENTARY:</u><br /><span style="color: #757575; font-family: arial;"><span style="font-size: 15px;">This month we paid approx. $2,000 to have some work done on the rentals but than that everything was quiet.</span></span></p><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;"><u>ASSETS.</u></span></p><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">June Contributions: $0<br />Retirement Equity Portfolio: $703,686 (DOWN $2,139 stock market depreciation)<br />Rental Property #1: $150,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $350,000 (estimated selling price)<br />Rental Property #4: $275,000 (estimated selling price)</span></p><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,828,868 (DOWN $2,139)</span></p><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $42,247 (down $412)<br />Rental Property Loan #2: $112,374 (down $1,354)<br />Rental Property Loan #3: $171,381 (down $1,461)<br />Rental Property Loan #4: $166,215 (down $1,426)</span></p><p style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $492,217(down $4,653)<br /><br />Retirement Portfolio Net Worth: $1,336,469 (UP $2,514)<br /><br />Dividends Received (year to date): $11,044 (UP $1,020)</span></p></div></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-19311393293102042152023-06-06T04:36:00.000-07:002023-06-06T04:36:16.621-07:00Retirement Portfolio Net Worth - As of June 6, 2023<p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">The goal:</span></p><div class="post-outer" style="background-color: white; border: 0px; color: #757575; font-family: Roboto, sans-serif; font-size: 15px; padding-bottom: 0.25em; position: relative;"><div class="post" style="margin-top: 0px;"><div class="post-body entry-content float-container" id="post-body-6404292016667779678" style="font-feature-settings: normal; font-kerning: auto; font-optical-sizing: auto; font-stretch: normal; font-variant-alternates: normal; font-variant-east-asian: normal; font-variant-numeric: normal; font-variation-settings: normal; line-height: 1.6em; margin: 1.5em 0px 2em;"><p><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br />2. Rental Portfolio Value of $1,200,000<br />3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p><span style="font-family: arial;">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.</span></p><p><span style="font-family: arial;"><u>COMMENTARY:</u><br />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.</span></p><p><span style="font-family: arial;"><u>ASSETS.</u></span></p><p><span style="font-family: arial;">May Contributions: $0<br />Retirement Equity Portfolio: $705,825 (DOWN $8,532 stock market depreciation)<br />Rental Property #1: $150,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $350,000 (estimated selling price)<br />Rental Property #4: $275,000 (estimated selling price)</span></p><p><span style="font-family: arial;">Total Retirement Assets: $1,830,825 (UP $111,468)</span></p><p><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $42,659 (down $216)<br />Rental Property Loan #2: $113,728 (down $790)<br />Rental Property Loan #3: $172,842 (down $868)<br />Rental Property Loan #4: $167,641 (down $751)</span></p><p><span style="font-family: arial;">Total Liabilities: $494,245 (down $2,625)<br /><br />Retirement Portfolio Net Worth: $1,336,580 (UP $114,093)<br /><br />Dividends Received (year to date): $10,024 (UP $1,853)</span></p></div></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-19862259787280366182023-05-02T04:34:00.000-07:002023-05-02T04:34:33.757-07:00Retirement Portfolio Net Worth - As of May02-2023<p><span style="font-family: arial;"><span style="color: #757575; font-size: 15px;">The goal:</span></span></p><div class="post-outer" style="background-color: white; border: 0px; color: #757575; font-size: 15px; padding-bottom: 0.25em; position: relative;"><div class="post" style="margin-top: 0px;"><div class="post-body entry-content float-container" id="post-body-6404292016667779678" style="font-feature-settings: normal; font-kerning: auto; font-optical-sizing: auto; font-stretch: normal; font-variant-alternates: normal; font-variant-east-asian: normal; font-variant-numeric: normal; font-variation-settings: normal; line-height: 1.6em; margin: 1.5em 0px 2em;"><p><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br />2. Rental Portfolio Value of $1,200,000<br />3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p><span style="font-family: arial;">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.</span></p><p><span style="font-family: arial;"><u>COMMENTARY:</u><br />April was a very quiet month, no major issues with the rentals.</span></p><p><span style="font-family: arial;"><u>ASSETS.</u></span></p><p><span style="font-family: arial;">April Contributions: $2,000<br />Retirement Equity Portfolio: $714,357 (UP $18,522 stock market appreciation)<br />Rental Property #1: $130,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $300,000 (estimated selling price)<br />Rental Property #4: $225,000 (estimated selling price)</span></p><p><span style="font-family: arial;">Total Retirement Assets: $1,719,357 (UP $18,522)</span></p><p><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $42,659 (down $179)<br />Rental Property Loan #2: $113,728 (down $563)<br />Rental Property Loan #3: $172,842 (down $544)<br />Rental Property Loan #4: $167,641 (down $659)</span></p><p><span style="font-family: arial;">Total Liabilities: $496,870 (down $1,945)<br /><br />Retirement Portfolio Net Worth: $1,222,487 (UP $20,467)<br /><br />Dividends Received (year to date): $8,171 (UP $2,461)</span></p></div></div></div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-70437521804253758882023-04-01T05:24:00.000-07:002023-04-01T05:24:22.341-07:00Retirement Portfolio Net Worth - As of April 01 - 2023<p> <span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><div class="post-outer" style="border: 0px; padding-bottom: 0.25em; position: relative;"><div class="post" style="margin-top: 0px;"><div class="post-body entry-content float-container" id="post-body-6404292016667779678" style="color: #757575; font-family: Roboto, sans-serif; font-feature-settings: normal; font-kerning: auto; font-optical-sizing: auto; font-size: 15px; font-stretch: normal; font-variant-alternates: normal; font-variant-east-asian: normal; font-variant-numeric: normal; font-variation-settings: normal; line-height: 1.6em; margin: 1.5em 0px 2em;"><p style="background-color: white;"><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br /></span><span style="font-family: arial;">2. Rental Portfolio Value of $1,200,000<br /></span><span style="font-family: arial;">3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p style="background-color: white;"><span style="font-family: arial;">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.</span></p><p style="background-color: white;"><u>COMMENTARY:</u><br />March was a very quiet month. We contributed $8,000 to our investment account however, despite the contribution our equity portfolio was still down another $11,000 due to the general market. As the old expression goes - a falling tide lowers all ships. On a more positive front we didn't experience any significant issues with the rentals.</p><p style="background-color: white;"> <u><span style="font-family: arial;">ASSETS.</span></u></p><p style="background-color: white;"><span style="font-family: arial;">Mar Contributions: $8,000</span><br /><span style="font-family: arial;">Retirement Portfolio: $695,835 (DOWN $11,869 stock market depreciation)</span><br /><span style="font-family: arial;">Rental Property #1: $130,000 (estimated selling price)</span><br /><span style="font-family: arial;">Rental Property #2: $350,000 (estimated selling price)</span><br /><span style="font-family: arial;">Rental Property #3: $300,000 (estimated selling price)</span><br /><span style="font-family: arial;">Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white;"><span style="font-family: arial;">Total Retirement Assets: $1,700,835 </span><span style="font-family: arial;">(down </span><span style="font-family: arial;">$11,869</span><span style="font-family: arial;">)</span></p><p style="background-color: white;"><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $42,838 (down $215)<br />Rental Property Loan #2: $114,291 (down $597)<br />Rental Property Loan #3: $173,386 (down $670)<br />Rental Property Loan #4: $168,300 (down $693)</span></p><p style="background-color: white;"><span style="font-family: arial;">Total Liabilities: $498,815 (down $2,175)<br /><br />Retirement Portfolio Net Worth: $1,202,020 (down $7,586)<br /><br />Dividends Received (year to date): $5,710 (up $1,643)</span></p></div><div class="post-bottom" style="-webkit-box-align: center; align-items: center; display: flex; flex-wrap: wrap;"><div class="post-footer float-container" style="-webkit-box-flex: 1; -webkit-box-ordinal-group: 2; clear: left; color: rgba(0, 0, 0, 0.54); flex-wrap: wrap; flex: 1 1 auto; margin: 0px; order: 1; width: inherit;"><div class="post-footer-line post-footer-line-1" style="-webkit-box-flex: 0; flex: 0 1 auto;"></div><div class="post-footer-line post-footer-line-2" style="-webkit-box-flex: 0; flex: 0 1 auto;"></div><div class="post-footer-line post-footer-line-3" style="-webkit-box-flex: 0; flex: 0 1 auto;"></div></div><div class="post-share-buttons post-share-buttons-bottom" style="float: right; margin-left: 0px; margin-right: 16px; position: relative;"><div class="byline post-share-buttons goog-inline-block" style="color: rgba(0, 0, 0, 0.54); display: inline-block; line-height: 24px; margin-left: 0px; margin-right: 0px; margin-top: 0px; position: relative; vertical-align: top; width: 24px;"><div aria-owns="sharing-popup-Blog1-byline-6404292016667779678" class="sharing" data-title="Retirement Portfolio Net Worth - As of Mar 01 - 2023" style="float: right;"><button aria-controls="sharing-popup-Blog1-byline-6404292016667779678" aria-expanded="false" aria-haspopup="true" aria-label="Share" class="sharing-button touch-icon-button" id="sharing-button-Blog1-byline-6404292016667779678" role="button" style="appearance: button; background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: 0px 0px; background-repeat: initial; background-size: initial; border-color: initial; border-style: initial; border-width: 0px; cursor: pointer; font: inherit; margin: 0px; outline: 0px; overflow: visible; padding: 0px;"><div class="flat-icon-button ripple" style="background: 0px 0px; border-radius: 50%; border: 0px; box-sizing: content-box; cursor: pointer; display: inline-block; line-height: 0; margin: -12px; outline: 0px; padding: 12px; position: relative;"><svg class="svg-icon-24"><use xlink:href="/responsive/sprite_v1_6.css.svg#ic_share_black_24dp" xmlns:xlink="http://www.w3.org/1999/xlink"></use></svg></div></button><div class="share-buttons-container"></div></div></div></div></div></div></div><section class="comments embed" data-num-comments="0" id="comments" style="border: 0px; margin-top: 0px; padding: 0px 20px 20px;"><a name="comments" style="background: rgb(255, 255, 255); color: #2196f3; font-family: Roboto, sans-serif; font-size: 15px;"></a><span style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"></span><br class="Apple-interchange-newline" /></section>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-64042920166677796782023-03-01T08:47:00.000-08:002023-03-01T08:47:11.471-08:00Retirement Portfolio Net Worth - As of Mar 01 - 2023<p> <span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br /></span><span style="font-family: arial;">2. Rental Portfolio Value of $1,200,000<br /></span><span style="font-family: arial;">3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">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.</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u>COMMENTARY:</u><br />February was a very quiet month. No major issues with the rentals and no contributions or purchases in the stock market.</p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"> <u><span style="font-family: arial;">ASSETS.</span></u></p><p style="background-color: white;"><span style="color: #757575; font-family: arial; font-size: 15px;">Feb Contributions: $0</span><br /><span style="color: #757575; font-family: arial;"><span style="font-size: 15px;">Retirement Portfolio: $707,704 (DOWN $11,114 stock market depreciation)</span></span><br /><span style="color: #757575; font-family: arial; font-size: 15px;">Rental Property #1: $130,000 (estimated selling price)</span><br /><span style="color: #757575; font-family: arial; font-size: 15px;">Rental Property #2: $350,000 (estimated selling price)</span><br /><span style="color: #757575; font-family: arial; font-size: 15px;">Rental Property #3: $300,000 (estimated selling price)</span><br /><span style="color: #757575; font-family: arial; font-size: 15px;">Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,701,590 </span><span style="font-family: arial;">(down </span><span style="font-family: arial;">$11,114</span><span style="font-family: arial;">)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $43,053 (down $207)<br />Rental Property Loan #2: $114,888 (down $597)<br />Rental Property Loan #3: $174,056 (down $626)<br />Rental Property Loan #4: $168,993 (down $678)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $500,990 (down $2,108)<br /><br />Retirement Portfolio Net Worth: $1,209,606 (down $9,006)<br /><br />Dividends Received (year to date): $4,067 (up $1,014)</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-25858999705744611732023-02-02T04:33:00.000-08:002023-02-02T04:33:33.087-08:00Retirement Portfolio Net Worth - As of Feb02 - 2023<p> <span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br /></span><span style="font-family: arial;">2. Rental Portfolio Value of $1,200,000<br /></span><span style="font-family: arial;">3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">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.</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u>COMMENTARY:</u><br />I was fairly busy with the rentals in Jan. Luckily I only had to spend a negligible amount of money. Most of the work was sweat equity. We also made $13,000 worth of contributions to our TFSA accounts.</p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"> <u><span style="font-family: arial;">ASSETS.</span></u></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Jan Contributions: $13,000</span><br /><span style="font-family: arial;">Retirement Portfolio: $707,704 (UP $22,401 contribution + market appreciation)</span><br /><span style="font-family: arial;">Rental Property #1: $130,000 (estimated selling price)</span><br /><span style="font-family: arial;">Rental Property #2: $350,000 (estimated selling price)</span><br /><span style="font-family: arial;">Rental Property #3: $300,000 (estimated selling price)</span><br /><span style="font-family: arial;">Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,172,704 </span><span style="font-family: arial;">(up </span><span style="font-family: arial;">$42,099</span><span style="font-family: arial;">)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $43,260 (down $192)<br />Rental Property Loan #2: $115,485 (down $567)<br />Rental Property Loan #3: $174,682 (down $597)<br />Rental Property Loan #4: $169,671 (down $664)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $503,098 (down $2,020)<br /><br />Retirement Portfolio Net Worth: $1,209,606 (up $44,119)<br /><br />Dividends Received (year to date): $3,053</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-26563712044162382302023-01-03T08:20:00.001-08:002023-01-03T08:22:41.945-08:002022 Year in Review<p><span style="background-color: white;"><span face="Roboto, sans-serif" style="color: #757575;"><span style="font-size: 15px;">Overall 2022 was a very boring year for us financially. Our retirement portfolio remained virtually unchanged (down 1.6%). Although this is definitely nothing to brag about we faired relatively well compared to the TSX (down 8.66%) and the S&P (down 19.4%). Despite the small decrease in our investment portfolio our net worth squeaked out a small gain of $19,414 due primarily to $16,000 of new money being added as well as a decrease in our liabilities on the rental properties.</span></span></span></p><p> <u style="color: #757575; font-family: Roboto, sans-serif; font-size: 15px;">ASSETS</u></p><div class="post-body entry-content float-container" id="post-body-5951842939627818544" style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: 1.6em; margin: 1.5em 0px 2em;">Contributions Made in 2022: $16,000<br />Retirement Portfolio: $685,363 (down $11,050)<br />Rental Property #1: $130,000 (No change in 2022)<br />Rental Property #2: $350,000 (No change in 2022)<br />Rental Property #3: $300,000 (No change in 2022)<br />Rental Property #4: $225,000 (No change in 2022)<br /><br />Total Retirement Assets: $<span style="font-family: arial;">1,670,605</span> (down $11,050)</div><div class="post-body entry-content float-container" id="post-body-5951842939627818544" style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: 1.6em; margin: 1.5em 0px 2em;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $<span style="font-family: arial;">43,452</span> (down $3,206 in 2022)<br />Rental Property Loan #2: $<span style="font-family: arial;">116,052</span> (down $8,622 in 2022)<br />Rental Property Loan #3: $<span style="font-family: arial;">175,279 </span>(down $10,509 in 2022)<br />Rental Property Loan #4: $170,335 (down $8,127 in 2022)<br /><br />Total Liabilities: $<span style="font-family: arial;">505,118</span> (down $30,464 in 2022)<br /><br />Retirement Portfolio Net Worth: $<span style="font-family: arial;">1,165,487</span> (up $19,414 in 2022)<br /><br />Dividends Received: $<span style="font-family: arial;">22,025 </span>(up $3,114 in 2022)</div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-23656449209273963602022-12-30T04:42:00.001-08:002022-12-30T04:42:46.534-08:00Retirement Portfolio Net Worth - As of Dec30 - 2022<p> <span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br /></span><span style="font-family: arial;">2. Rental Portfolio Value of $1,200,000<br /></span><span style="font-family: arial;">3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">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.</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u>COMMENTARY:</u><br />December was pretty uneventful. No major issues with the rentals and I increased the amount of one of my loan payment on the rentals to compensate for the dramatic rise in interest rates.</p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"> <u><span style="font-family: arial;">ASSETS.</span></u></p><p style="background-color: white;"><span style="color: #757575; font-family: arial;"><span style="font-size: 15px;">Dec Contributions: $0</span></span><br /><span style="color: #757575; font-family: arial;"><span style="font-size: 15px;">Retirement Portfolio: $685,303 (DOWN $19,698 stock market depreciation)</span></span><br /><span style="color: #757575; font-family: arial;"><span style="font-size: 15px;">Rental Property #1: $130,000 (estimated selling price)</span></span><br /><span style="color: #757575; font-family: arial;"><span style="font-size: 15px;">Rental Property #2: $350,000 (estimated selling price)</span></span><br /><span style="color: #757575; font-family: arial;"><span style="font-size: 15px;">Rental Property #3: $300,000 (estimated selling price)</span></span><br /><span style="color: #757575; font-family: arial;"><span style="font-size: 15px;">Rental Property #4: $225,000 (estimated selling price)</span></span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,670,605 </span><span style="font-family: arial;">(down </span><span style="font-family: arial;">$19,698</span><span style="font-family: arial;">)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $43,452 (down $225)<br />Rental Property Loan #2: $116,052 (down $584)<br />Rental Property Loan #3: $175,279 (down $632)<br />Rental Property Loan #4: $170,335 (down $622)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $505,118 (down $2,063)<br /><br />Retirement Portfolio Net Worth: $1,165,487 (down $17,635)<br /><br />Dividends Received (year to date): $22,025 (up $3,220)</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-92023054732010557572022-12-01T04:24:00.000-08:002022-12-01T04:24:15.662-08:00Retirement Portfolio Net Worth - As of Dec1-2022<p> <span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br /></span><span style="font-family: arial;">2. Rental Portfolio Value of $1,200,000<br /></span><span style="font-family: arial;">3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">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.</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u>COMMENTARY:</u><br />November was pretty uneventful. No major issues with the rentals. Although, there were a few minor issues that required a fair amount of my time, but not a large amount of my money. I also slightly increased the amount of 2 of my loan payment on the rentals to compensate for the dramatic rise in interest rates.</p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"> <u><span style="font-family: arial;">ASSETS.</span></u></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Nov Contributions: $3000<br />Retirement Portfolio: $685,303 (UP $19,440 stock market appreciation + $3000 contribution)<br />Rental Property #1: $130,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $300,000 (estimated selling price)<br />Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,690,303 </span><span style="font-family: arial;">(up </span><span style="font-family: arial;">$22</span><span style="font-family: arial;">,440</span><span style="font-family: arial;">)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $43,677 (down $237)<br />Rental Property Loan #2: $116,636 (down $770)<br />Rental Property Loan #3: $175,911 (down $931)<br />Rental Property Loan #4: $170,957 (down $792)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $507,181 (down $2,730)<br /><br />Retirement Portfolio Net Worth: $1,183,122 (up $25,170)<br /><br />Dividends Received (year to date): $18,805 (up $675)</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-70006208479386140642022-11-01T06:36:00.001-07:002022-11-01T06:36:40.858-07:00Retirement Portfolio Net Worth - As of Nov1-2022<p> <span style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"> </span><span style="color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br /></span><span style="font-family: arial;">2. Rental Portfolio Value of $1,200,000<br /></span><span style="font-family: arial;">3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">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.</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u>COMMENTARY:</u><br />October was slow and steady. We didn't purchase or sell any equities and everything was quiet with the rentals. Despite the dismal performance of the stock market in 2022 our our dividend income is actually up 20% when compared to the same time period last year. This is encouraging as one of the pillars of our early retirement plan is dividend income. This gives some comfort that we'll be able to ride out the occasional bear market without cutting back our spending. </p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u><span style="font-family: arial;">ASSETS</span></u></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Oct Contributions: $3000<br />Retirement Portfolio: $662,863 (UP $25,087 stock market appreciation)<br />Rental Property #1: $130,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $300,000 (estimated selling price)<br />Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,667,863 </span><span style="font-family: arial;">(up </span><span style="font-family: arial;">$25</span><span style="font-family: arial;">,087</span><span style="font-family: arial;">)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $43,914 (down $199)<br />Rental Property Loan #2: $117,406 (down $563)<br />Rental Property Loan #3: $176,842 (down $563)<br />Rental Property Loan #4: $171,749 (down $660)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $509,911 (down $1,985)<br /><br />Retirement Portfolio Net Worth: $1,157,952 (up $27,072)<br /><br />Dividends Received (year to date): $18,130 (up $2,533)</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-31398285003972609802022-10-03T06:02:00.001-07:002022-10-03T06:02:28.692-07:00Retirement Portfolio Net Worth - As of Oct3- 2022<p> <span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br /></span><span style="font-family: arial;">2. Rental Portfolio Value of $1,200,000<br /></span><span style="font-family: arial;">3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">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.</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u>COMMENTARY: </u><br />September was a rough month mainly due to the rapidly deteriorating stock markets. Due to rapidly rising interest rates and deteriorating economic data it looks like we're surely headed for a recession. The question remains will the recession be shallow and brief or sharp and prolonged. Either way I will be staying 100% investing in equities and will adding to my positions in the coming months. The best time to buy has always been when things appear grim.</p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u><span style="font-family: arial;">ASSETS</span></u></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Sept Contributions: $0<br />Retirement Portfolio: $637,776 (down $35,937 stock market depreciation)<br />Rental Property #1: $130,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $300,000 (estimated selling price)<br />Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,623,776 </span><span style="font-family: arial;">(down </span><span style="font-family: arial;">$35</span><span style="font-family: arial;">,937</span><span style="font-family: arial;">)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $44,113 (down $226)<br />Rental Property Loan #2: $117,969 (down $1,646)<br />Rental Property Loan #3: $177,405 (down $710)<br />Rental Property Loan #4: $172,409 (down $667)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $511,896 (down $3,249)<br /><br />Retirement Portfolio Net Worth: $1,130,880 (down $27,217)<br /><br />Dividends Received (year to date): $15,597 (up $1,701)</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-56233756526133776772022-09-02T04:48:00.000-07:002022-09-02T04:48:01.780-07:00Retirement Portfolio Net Worth - As of Sept02- 2022<p> <span style="color: #757575; font-family: arial; font-size: 15px;"> </span><span face="Roboto, sans-serif" style="color: #757575; font-family: arial; font-size: 15px;">The goal:</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br /></span><span style="font-family: arial;">2. Rental Portfolio Value of $1,200,000<br /></span><span style="font-family: arial;">3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">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.</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u><span style="font-family: arial;">ASSETS</span></u></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Aug Contributions: $1,000<br />Retirement Portfolio: $673,713 (down $5,471 stock market depreciation)<br />Rental Property #1: $130,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $300,000 (estimated selling price)<br />Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,673,242 </span><span style="font-family: arial;">(down </span><span style="font-family: arial;">$5</span><span style="font-family: arial;">,471</span><span style="font-family: arial;">)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $44,339 (down $231)<br />Rental Property Loan #2: $119,615 (up $506 due to refinance fees)<br />Rental Property Loan #3: $178,115 (down $729)<br />Rental Property Loan #4: $173,076 (down $665)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $515,145 (down $1,119)<br /><br />Retirement Portfolio Net Worth: $1,158,097 (down $4,352)<br /><br />Dividends Received (year to date): $13,896 (up $1,758)</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-51919841562900861592022-07-29T06:29:00.002-07:002022-07-29T06:29:56.003-07:00Retirement Portfolio Net Worth - As of July29 - 2022<p><span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;"> </span><span face="Roboto, sans-serif" style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">The goal:<br /></span></p><p><span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">1. Retirement Equity Portfolio of $1,000,000<br /></span><span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">2. Rental Portfolio Value of $1,200,000<br /></span><span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p><span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">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.</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u><span style="font-family: arial;">ASSETS</span></u></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">July Contributions: $0<br />Retirement Portfolio: $673,713 (up $26,867 stock market appreciation)<br />Rental Property #1: $130,000 (estimated selling price)<br />Rental Property #2: $350,000 (estimated selling price)<br />Rental Property #3: $300,000 (estimated selling price)<br />Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,678,713 </span><span style="font-family: arial;">(up </span><span style="font-family: arial;">$</span><span style="font-family: arial;">26,867</span><span style="font-family: arial;">)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;"><u>LIABILITIES</u>:<br /><br />Rental Property Loan #1: $44,570 (down $270)<br />Rental Property Loan #2: $119,109 (down $779)<br />Rental Property Loan #3: $178,844 (down $870)<br />Rental Property Loan #4: $173,741 (down $672)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $516,264 (down $2,591)<br /><br />Retirement Portfolio Net Worth: $1,162,449 (up $15,458)<br /><br />Dividends Received (year to date): $12,138 (up $2,077)</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-51544135183106090662022-07-04T07:48:00.000-07:002022-07-04T07:48:09.275-07:00Goal Revision<p><span style="font-family: arial;"> I started documenting our net worth journey 5 years ago for two simple reasons:</span></p><p><span style="font-family: arial;">1. Doing at least a monthly update would force me to evaluate our progress and keep me accountable.</span></p><p><span style="font-family: arial;">2. I wanted an archive so that I could look back at the journey. </span></p><p><span style="font-family: arial;">Originally my goal was an investment portfolio of $1,000,000 and an annual passive income of $40,000. Well like most long term goals I feel that this one needs to be adjusted. We've easily surpassed the goal of a $1,000,000 retirement portfolio net worth. However, we're only half way toward my goal of $40,000 of passive income. The reason for this is that 66% of our retirement portfolio net worth is tied up in our rental houses. Unlike most landlord I'm aggressively paying down the principal on the rentals. Basically, all of the excess cash flow that they generate is being invested back into the properties. I also bought "fixer-uppers" so I've had to invest both my sweat and the rental revenue back into the properties. So far this strategy has been paying off handsomely (on paper anyways) and we've approximately doubled the value of our properties. With that in mind I've outlined my financial goals going forward:</span></p><p><span style="font-family: arial;">1. Retirement Equity Portfolio of $1,000,000<br /></span><span style="font-family: arial;">2. Rental Portfolio Value of $1,200,000<br /></span><span style="font-family: arial;">3. Annual Passive Income of $60,000 (rental income + dividends combined)</span></p><p><span style="font-family: arial;">The revised goals are much more aggressive however, I feel that they are attainable within the next 5 years. As with my previous goals I will continue to omit the value of our primary residence, cottage, workplace defined benefit pension plans and children’s RESP.</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-17368322578308056312022-07-04T06:57:00.001-07:002022-07-04T07:45:13.996-07:00Retirement Portfolio Net Worth - As of July4 - 2024<p><span style="font-family: arial;"> <span face="Roboto, sans-serif" style="background-color: white; color: #757575; font-size: 15px;">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.</span></span></p><p style="background-color: white; color: #757575; font-size: 15px;"><span style="font-family: arial;">June was not a great month for our equity portfolio. However, I've adjusted the value of one of the rental properties based on a recent appraisal. So overall our retirement portfolio is up $47,317 despite a $47,683 drop in the value of our equity portfolio.</span></p><p style="background-color: white; color: #757575; font-size: 15px;"><u><span style="font-family: arial;">ASSETS</span></u></p><p style="background-color: white; color: #757575; font-size: 15px;"><span style="font-family: arial;"><span>June </span><span>Contributions</span><span>: $0</span><br /><span>Retirement Portfolio: $646,846 (down $47,683 stock market depreciation)</span><br /><span>Rental Property #1: $130,000 (estimated selling price)</span><br /><span>Rental Property #2: $350,000 (estimated selling price)</span><br /><span>Rental Property #3: $300,000 (estimated selling price)<br /></span><span>Rental Property #4: $225,000 (estimated selling price)</span></span></p><p style="background-color: white; color: #757575; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,665,846 </span><span style="font-family: arial;">(up </span><span style="font-family: arial;">$</span><span style="font-family: arial;">47,317</span><span style="font-family: arial;">)</span></p><p style="background-color: white; color: #757575; font-size: 15px;"><span style="font-family: arial;"><u>LIABILITIES</u><span>:</span><br /><br /><span>Rental Property Loan #1: $44,840 (down $282)</span><br /><span>Rental Property Loan #2: $119,888 </span><span>(down $952)</span><br /><span>Rental Property Loan #3: $189,714 </span><span>(down $1,097)</span><span><br /></span><span>Rental Property Loan #4: $174,413 </span><span>(down $726)</span></span></p><p style="background-color: white; color: #757575; font-size: 15px;"><span style="font-family: arial;"><span>Total Liabilities: $518,855 (down $3,057)</span><br /><br /><span>Retirement Portfolio Net Worth: $1,146,991 (up $50,374)</span><br /><br /><span>Dividends Received (year to date): $10,061 (up $1,990)</span></span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-15953798765375382632022-06-01T08:10:00.000-07:002022-06-01T08:10:21.220-07:00Retirement Portfolio Net Worth - As of June01 - 2022<p><span style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;">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.</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;">A quiet month with very little spending on the rental units and no new money added to our retirement portfolio.</p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u style="font-family: arial;">ASSETS</u></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">May </span><span style="font-family: arial;">Contributions</span><span style="font-family: arial;">: $0</span><br style="font-family: arial;" /><span style="font-family: arial;">Retirement Portfolio: $694,529 (up $4,515 stock market appreciation)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #1: $130,000 (estimated selling price)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #2: $255,000 (estimated selling price)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #3: $300,000 (estimated selling price)<br /></span><span style="font-family: arial;">Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,604,529 </span><span style="font-family: arial;">(up </span><span style="font-family: arial;">$</span><span style="font-family: arial;">4,515</span><span style="font-family: arial;">)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u style="font-family: arial;">LIABILITIES</u><span style="font-family: arial;">:</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #1: $45,122 (down $294)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #2: $120,840 </span><span style="font-family: arial;">(down $793)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #3: $180,811 </span><span style="font-family: arial;">(down $956)</span><span style="font-family: arial;"><br /></span><span style="font-family: arial;">Rental Property Loan #4: $175,139 </span><span style="font-family: arial;">(down $683)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $521,912 (down $2,726)</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Retirement Portfolio Net Worth: $1,082,617 (up $7,241)</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Dividends Received (year to date): $8,071 (up $1,134)</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-74465816419498283422022-05-02T04:52:00.000-07:002022-05-02T04:52:10.012-07:00Retirement Portfolio Net Worth - As of May2 - 2022 <p> <span style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;">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.</span></p><p><span style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;">Nothing major this month other than we spent approx. $7000 out of pocket to have some much needed plumbing work done on one of the rentals. The plumbing was approx. 50 years old and was a constant source of issues. </span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u style="font-family: arial;">ASSETS</u></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">April </span><span style="font-family: arial;">Contributions</span><span style="font-family: arial;">: $0</span><br style="font-family: arial;" /><span style="font-family: arial;">Retirement Portfolio: $690,014 (down $25,871 stock market depreciation)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #1: $130,000 (estimated selling price)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #2: $255,000 (estimated selling price)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #3: $300,000 (estimated selling price)<br /></span><span style="font-family: arial;">Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,600,014 </span><span style="font-family: arial;">(down </span><span style="font-family: arial;">$25,871</span><span style="font-family: arial;">)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u style="font-family: arial;">LIABILITIES</u><span style="font-family: arial;">:</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #1: $45,416 (down $297)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #2: $121,633 </span><span style="font-family: arial;">(down $736)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #3: $181,767 </span><span style="font-family: arial;">(down $954)</span><span style="font-family: arial;"><br /></span><span style="font-family: arial;">Rental Property Loan #4: $175,822 </span><span style="font-family: arial;">(down $641)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $524,638 (down $2,628)</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Retirement Portfolio Net Worth: $1,075,376 (down $23,243)</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Dividends Received (year to date): $6,937 (up $2,157)</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-42722035790766687072022-04-01T04:50:00.001-07:002022-04-01T04:50:53.104-07:00Retirement Portfolio Net Worth - As of Apr1 - 2022<p>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.</p><p style="background-color: white; font-family: Roboto, sans-serif; font-size: 15px;"><u style="font-family: arial;">ASSETS</u></p><p style="background-color: white; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">March </span><span style="font-family: arial;">Contributions</span><span style="font-family: arial;">: $7000</span><br style="font-family: arial;" /><span style="font-family: arial;">Retirement Portfolio: $715,885 (up $20,076 stock market appreciation + $7000 contribution)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #1: $130,000 (estimated selling price)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #2: $255,000 (estimated selling price)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #3: $300,000 (estimated selling price)<br /></span><span style="font-family: arial;">Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,625,885 </span><span style="font-family: arial;">(up $27,076)</span></p><p style="background-color: white; font-family: Roboto, sans-serif; font-size: 15px;"><u style="font-family: arial;">LIABILITIES</u><span style="font-family: arial;">:</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #1: $45,713 (down $316)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #2: $122,369 </span><span style="font-family: arial;">(down $788)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #3: $182,721 </span><span style="font-family: arial;">(down $1,032)</span><span style="font-family: arial;"><br /></span><span style="font-family: arial;">Rental Property Loan #4: $176,463 </span><span style="font-family: arial;">(down $682)</span></p><p style="background-color: white; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $527,266 (down $2,818)</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Retirement Portfolio Net Worth: $1,098,619 (up $29,893)</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Dividends Received (year to date): $4,780 (up $1,517)</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-89838852477548196182022-03-03T06:16:00.000-08:002022-03-03T06:16:07.253-08:00Retirement Portfolio Net Worth - As of Mar3 - 2022<p><span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">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</span><span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;"> children’s RESP.</span></p><p><span style="background-color: white; color: #757575; font-family: arial; font-size: 15px;">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.</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u style="font-family: arial;">ASSETS</u></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Feb </span><span style="font-family: arial;">Contributions</span><span style="font-family: arial;">: $0</span><br style="font-family: arial;" /><span style="font-family: arial;">Retirement Portfolio: $688,809 (down $3,428 stock market)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #1: $130,000 (estimated selling price)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #2: $255,000 (estimated selling price)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #3: $300,000 (estimated selling price)<br /></span><span style="font-family: arial;">Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,598,809 </span><span style="font-family: arial;">(down $3,428 stock market)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u style="font-family: arial;">LIABILITIES</u><span style="font-family: arial;">:</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #1: $46,029 (down $318)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #2: $123,157 </span><span style="font-family: arial;">(down $778)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #3: $183,753 </span><span style="font-family: arial;">(down $1,034)</span><span style="font-family: arial;"><br /></span><span style="font-family: arial;">Rental Property Loan #4: $177,145 </span><span style="font-family: arial;">(down $663)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $530,083 (down $2,793)</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Retirement Portfolio Net Worth: $1,068,726 (down $625)</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Dividends Received (year to date): $3,263 (up $889)</span></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-8636348161965246328.post-91754625347017584652022-02-01T06:22:00.002-08:002022-02-01T06:22:20.979-08:00Retirement Portfolio Net Worth - As of Feb1 - 2022<p><span style="color: #757575; font-family: arial; font-size: 15px;">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</span><span style="color: #757575; font-family: arial; font-size: 15px;"> children’s RESP.</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u style="font-family: arial;">ASSETS</u></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Jan </span><span style="font-family: arial;">Contributions</span><span style="font-family: arial;">: $0</span><br style="font-family: arial;" /><span style="font-family: arial;">Retirement Portfolio: $692,237</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #1: $130,000 (estimated selling price)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #2: $255,000 (estimated selling price)</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property #3: $300,000 (estimated selling price)<br /></span><span style="font-family: arial;">Rental Property #4: $225,000 (estimated selling price)</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Retirement Assets: $1,602,237</span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><u style="font-family: arial;">LIABILITIES</u><span style="font-family: arial;">:</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #1: $46,347 </span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #2: $123,935</span><br style="font-family: arial;" /><span style="font-family: arial;">Rental Property Loan #3: $184,786 <br /></span><span style="font-family: arial;">Rental Property Loan #4: $177,808 </span></p><p style="background-color: white; color: #757575; font-family: Roboto, sans-serif; font-size: 15px;"><span style="font-family: arial;">Total Liabilities: $532,886</span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Retirement Portfolio Net Worth: $1,069,351 </span><br style="font-family: arial;" /><br style="font-family: arial;" /><span style="font-family: arial;">Dividends Received (year to date): $2,374</span></p>Unknownnoreply@blogger.com0