What to consider when planning for your retirement
Retirement seems like a big grey area that seems to encompass so much. Everyone thinks it’s just a number we need to reach in terms of savings, and okay, we all know about th
Early retirement is not all it’s cracked up to be and why we went back to work
I usually ‘early retire’ in between contracts but when it was around 2020 around the start of the year when I lost my contract (pandemic woes), that’s when I real
Canada Levels of Wealth: Top 1% in Net Worth by Age & Income in Toronto, Vancouver, Montréal and Calgary
Canadian net worth is a little trickier to pin down because all the surveys and info are so U.S.-centric. That said, KA came up with a great way to triangulate how to figure out ne
Why early retirement FIRE people can sometimes be short-sighted
FI/RE or written as FIRE in short form, stands for: Financially Independent / Retire Early In this, it means if you hit your FIRE number, or your FI number, you are ready to stop w
Looking at different levels of FIRE retirement: Lean, Regular, Fat/Luxury and Barista
FYI … FIRE = Financial Independence / Retire Early It’s a movement that has taken root in the past 10 years, kicked off by this book: Your money or your life which I ab
Net Worth by Age (Informal Instagram Survey) & Breakdown with Details
Net Worth Survey I did a short little informal survey, inspired by Alyssa @mixedupmoney to NORMALIZE that net worths span a wide range, even within an age range, nay, an AGE, you c
Tax-Free Savings Account (TFSA) 10-Point Overview (The Basics)
1. Start ASAP at 18 years old The minute Little Bun turns 18, he is opening an account and working on maxing it out, along with any RRSP (Registered Retirement Savings Plan)
Registered Retirement Savings Plan (RRSP) 10-Point Overview (The Basics)
1. Start ASAP with any earned income The minute you get a T4, or have any ‘earned’ income, max out your RRSP, at ANY AGE. Even babies appearing in commercials wi
RRSP versus TFSA: Which one should you contribute to in Canada?
This is the age-old debated question: WHERE SHOULD YOU PUT YOUR MONEY?!!!! Well, here’s a quick guide: RRSP in 2020 18% of income Maximum of $27,230 You can be any age to con
What goes into a Net Worth Calculation?
I have been doing this for so long I forget that sometimes people have very confused ideas about what goes into a net worth and what doesn’t. I don’t think I have ever