Weekend Reading: Retirement Income For Life Edition
I’m on record saying that every Canadian retiree and soon-to-be retiree should read Retirement Income For Life by Fred Vettese. It offers five clear strategies for making the most of your accumulated savings and turning it into predictable, sustainable retirement income. In the book, Mr. Vettese refers to an online calculator to help Canadians take…
Read MoreSave More Tomorrow: The Procrastinator’s Guide To Saving Money
I should’ve written this article on Sunday. Instead, my lizard brain decided to spend four hours watching football (and being disappointed by the Browns, yet again). Humans are natural procrastinators. We want to feel as good as possible all the time. That’s why we spend now and save later, eat now and diet later, binge-watch…
Read MoreWeekend Reading: Canadian Financial Summit Edition
For the past two years, hundreds of you signed up to watch me and dozens of personal finance and investing experts speak at the Canadian Financial Summit. Well, we’re back again with a fresh new line-up of information designed to make you better savers, investors, and take control of your financial future. Get your free…
Read MoreUsing a Robo-Advisor in Retirement: A Wealthsimple Case Study
Readers often ask how an index investing approach can work for retirees or soon-to-be retirees. A low cost, globally diversified portfolio of ETFs is great for those in the accumulation stage, but retirees need income. How do they get it? When asked this question I often point to this excellent piece in MoneySense written by…
Read MoreWeekend Reading: Bad Investment Advice Edition
I enjoy listening to Dan Bortolotti’s Canadian Couch Potato podcast. One of the best parts is a regular segment he calls, “bad investment advice”, which takes aim at myths and misunderstandings about the markets. It’s not hard to find an article in mainstream media where the author is spinning half-truths, conflicted advice, and downright dangerous…
Read MoreAn Easy Way To Invest Responsibly
This post is sponsored by RBC InvestEase Inc. All views and opinions expressed represent my own and are based on my own research of the subject matter. Responsible investing is something on the minds of many investors today. They’re concerned about the environmental, social, and governance (ESG) aspects of economic activities. Once considered a fringe movement, retail…
Read MoreMoney Bag: Cell Phone and Data Options For Travellers, and a No-More Air Travel Pledge
Today I’m answering reader mail for a feature I call the Money Bag. I’ll answer questions and address comments from readers on a wide range of money topics, myths, and perceptions about money. No question is off limits, so hit me up in the comments section or send me an email about all the money things you’re…
Read MoreWeekend Reading: Money Gaps Edition
One of the great joys of running this blog is that I’ve been able to help so many Canadians take control of their finances and gain a greater understanding of their relationship with money. The blog comments, emails, and daily interactions on social media is what ultimately led to the start of my own fee-only…
Read MoreVBAL vs. Mawer Balanced Fund For One-Stop Investing
Investors could have done a lot worse over the past 30 years than investing in the Mawer Balanced Fund. Mawer, which epitomizes the art of boring investing, has been nothing short of consistently brilliant – with annual returns of 8.5 percent since the fund’s inception in 1988. Investment giant Vanguard doesn’t have the same longevity…
Read MoreWeekend Reading: FIRE In Moderation Edition
I write a lot about seeking financial independence rather than early retirement. That’s intentional. I don’t necessarily want to retire – not anytime soon – but what fires me up is the idea of working on my own terms. My goal is to be financially free by age 45. That means I’d be free to…
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