Why the 4% Rule Doesn’t Work for Early Retirement (FIRE)
The 4% rule is a common rule of thumb in many retirement planning circles, including the Financial Independence, Retire Early (FIRE) community in particular. But…we don’t really like it for…
Please Stop. Of Course, You Can Retire with Millions!
Really, these articles need to stop. Yes, you can retire with your millions. Here are some actual headlines from some newsworthy outlets or bloggers or financial experts and authors… Primary…
What is a RRIF? How Does a RRIF Work?
Synopsis: In this article, we’ll dig deep into RRIFs answering questions like: what is a RRIF? How does a RRIF work? Then we’ll dig into the details like the pros/cons,…
How Your Side Hustle Can Help You Retire Earlier
As you well know from this site, we love case studies! We enjoy posting case studies since we believe any retirement related drawdown case studies can help people see themselves…
Can you retire using just your TFSA?
The opportunity for Canadians to save and invest tax-free over decades could be considered one of the greatest wonders of our modern financial world. This begs an important question: If…
Canadians Expect to Need $1.7 MILLION to Retire – That’s a Problem!
According to a new BMO study and related articles on this subject we read, Canadians polled now expect to need $1.7 million to retire. Well, we believe anyone feeling they…
Our Best Posts of 2022
Wow, where does the time go?? 2023 is around the corner, and with that, we figured we’d share some of our favourite posts from 2022 that really resonated with our…
Does the 4% Retirement Withdrawal Rule Work with Higher Inflation?
The cost of living continues to rise – at the fastest pace in decades. If you want to retire in the coming years, you might be wondering about the impact…
Do you need an RRSP if you have a Defined Benefit Pension?
Whether or not you have a defined benefit pension plan, the Registered Retirement Savings Plan (RRSP) offers two huge benefits in our book: A tax deduction from RRSP contributions made…
How a Part-Time Job Can Save Your Retirement
As you well know from this site, we love case studies! We believe retirement or semi-retirement drawdown case studies can help people see themselves in such examples – offering investors…