Living off of the dividends in retirement is a popular concept and a very popular approach for many retirees. There is a comfort level that comes with not having to sell shares to produce income. But is it a wise strategy? Or does this leave money on the table? As many of my readers will […]
Retirement Funding: Making The Most Of GIS and CPP Benefits.
This is a guest post by invitation, from Graeme Hughes, PFP. Thanks to Graeme, this is a wonderful follow up post to The 3 Most Common Mistakes of Canadian Investors. Over to Graeme … Canada’s tax and benefits system is a convoluted tangle of programs, rules and exceptions that can be a genuine challenge to […]
You should protect your retirement portfolio assets long before your retirement start date.
We often think of wealth building and retirement as static dates. We have that accumulation stage when we are building our assets and net worth, and then we have that decumulation stage (retirement or semi retirement) when we are spending our assets. We tend to think of those periods in static terms, with hard stop […]
Like to head south in the winter? Don’t let the Canadian dollar stop you at the border.
When I write ‘head south’ I am talking about the number 1 warm-up designation for Canadians and that is to the southern US. Many will go to Florida or course. Texas and Arizona are also very popular. I’d strongly suggest that you make your way to California as well, you many never see Florida again. […]
Pensionize Your Nest Egg With Annuities, Your Super Bonds.
Most Canadians do not have a defined pension with guaranteed income. Speaking of birds and nest eggs, those guaranteed pensions are going the way of the dodo bird. Just 33% of Canadians have a defined benefit workplace pension where the income is guaranteed and usually indexed to inflation. That’s according to Pensionize Your Nest Egg: […]
Investing in the One Ticket Asset Allocation Portfolios to Create Retirement Income.
I recently offered a 7-ETF model portfolio for retirement. It’s a common question “How do I use ETFs to fund my retirement?” Here’s The Simple 7 ETF Portfolio For Canadian Retirees. And the good news is that simplicity and simple asset allocation has worked wonders for North American retirees. We don’t have to get too […]