In this Newsletter I’m sharing real world advice about retiring early. So maybe you have not been able to save a million dollars by age 50. Maybe life got in the way. Maybe you were busy raising a family, building a house, buying new cars and going on vacation. For the most part, you were just … Continue reading Are You Running Out of Time? My Retirement Advice.
Category: Retirement
In this Newsletter, I will share my experience taking over my elderly father’s retirement accounts, the issues I encountered, and the frustrations dealing with his bank to make it right. Through this experience, I have realized that the financial system in Canada is set up, by default, to capture you and your money, and that … Continue reading Are Canada’s Big Banks On Your Side?
I struggled with this question ten years ago when I retired at the age of 48. Everyone wants to know: "How much money do I need to retire early? Is it one million? Is it less? More?". Unfortunately, there is no magic number. Everyone’s situation is different and the answer to this question will depend … Continue reading Retiring Early: How Much Money Do You Need?
So there's an early retirement movement that has been around for a while. It's called Financial Independence Retire Early (FIRE). The idea behind the movement is to save half or more of your salary, by living a super frugal life and investing until the income generated by your investments equals your annual spending costs. Mathematically, … Continue reading Retire in Your 20s! Is it Possible?
Money with Marc 