FI3000

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 our children’s RESP. July was a very quiet month in both the investment and real-estate front. We contributed $0 toward our retirement fund and didn't have to spent any money on the rental units. ASSETS July  Contributions : $0 Retirement Portfolio: $648,825  (up $7,481 stock market increase ) Rental Property #1: $120,000 (estimated selling price) Rental Property #2: $235,000 (estimated selling price) Rental Property #3: $280,000 (estimated selling price) Rental Property #4: $220,000 (estimated selling price) Total Retirement Assets: $1,503,825 (up $ 7,481 ) LIABILITIES : Rental Property Loan #1: $48,227 (down $293) Rental Property Loan #2: $128,624 (down $926) R...

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 our children’s RESP. Overall June was an OK month. We had to spend approx. $400 on the rentals but other than that it was good. ASSETS June  Contributions : $3500 Retirement Portfolio: $641,344  (up $13,025 stock market increase + $3500 contribution) Rental Property #1: $120,000 (estimated selling price) Rental Property #2: $235,000 (estimated selling price) Rental Property #3: $280,000 (estimated selling price) Rental Property #4: $220,000 (estimated selling price) Total Retirement Assets: $1,496,344 (up $ 13,025 ) LIABILITIES : Rental Property Loan #1: $48,540 (down $315) Rental Property Loan #2: $129,550 (down $761) Rental Property Loan #3: $198,128 (down $100...

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 our children’s RESP. ASSETS May  Contributions : $0 Retirement Portfolio: $628,319  (up $12,725 stock market increase) Rental Property #1: $120,000 (estimated selling price) Rental Property #2: $235,000 (estimated selling price) Rental Property #3: $280,000 (estimated selling price) Rental Property #4: $220,000 (estimated selling price) Total Retirement Assets: $1,483,319 (up $ 12,725 ) LIABILITIES : Rental Property Loan #1: $48,855 (down $198) Rental Property Loan #2: $130,311 (down $732) Rental Property Loan #3: $199,128 (down $975) Rental Property Loan #4: $183,193 (down $644) Total Liabilities: $561,833 (down $2,549) Retirement Portfolio Net Worth: $921,562 (...

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 our children’s RESP. Everything was quiet with the rentals this month but I'm anticipating having to spend a few thousand on various repairs in May. We've also been spending quite a bit of money renovating parts of our primary residence (which isn't included in the below figures). The home renovations won't increase the value of our home by a lot but will add some functionality that we've been missing. ASSETS Apr  Contributions : $0 Retirement Portfolio: $615,594  (up $8,449 stock market increase) Rental Property #1: $120,000 (estimated selling price) Rental Property #2: $235,000 (estimated selling price) Rental Property #3: $280,000 (estimated selling...

T he 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 our children’s RESP. As planned both of the units in our recently purchased duplex have been spruced up and both are now rented. There is still some work that needs to be done outside and I plan on starting on that in the next couple of months. ASSETS Mar  Contributions : $3500 Retirement Portfolio: $607,145  (up $41,924 stock market increase) Rental Property #1: $120,000 (up $15,000 estimated selling price) Rental Property #2: $235,000 (up $30,000 estimated selling price) Rental Property #3: $280,000 (up $50,000 estimated selling price) Rental Property #4: $220,000 (up $20,000 estimated selling price) Total Retirement Assets: $1,462,145 (up $41, 924) LIABILITIE...

 T he 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 our children’s RESP. As I mentioned last month we've been doing some renovations to the duplex we recently purchased. Well the good news is that both units have been fixed up and both will be tenanted by the end of the month. I've also adjusted the estimated selling price of some of the rentals as the housing market has been absolutely crazy in our area. ASSETS Feb  Contributions : $0 Retirement Portfolio: $565,221 (up $16,154 stock market increase) Rental Property #1: $120,000 (up $15,000 estimated selling price) Rental Property #2: $235,000 (up $30,000 estimated selling price) Rental Property #3: $280,000 (up $50,000 estimated selling price) Rental Property #...

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 our children’s RESP. Well January was a big month for us. We bought another rental building and are in the process of fixing it up. So in the short term it will be somewhat of a cash draw but should be very profitable over the long term. We've already found tenants for 1 of the 2 units and hope to have the renovations complete by March and both units occupied by April. ASSETS Jan  Contributions : $400 Retirement Portfolio: $549,067 up  $4,988  (stock market increase + $400 contribution) Rental Property #1: $105,000 (estimated selling price) Rental Property #2: $205,000 (estimated selling price) Rental Property #3: $230,000 (purchase price) Rental Property #4...