In the second part of this retirement guide, I wrote about the million-dollar mark. Is it necessary to be a millionaire to retire? The answer is yes and no. In fact, it all depends on how our retirement income will be structured. If you rely 100% from your portfolio, chances are that
Do I need a million dollars to retire? I bet you’ll need more than that! In my previous article, I discussed how the concept of retirement has evolved over time. I ended my article with the small combination of factors that will influence how you will live the rest of your life. There
During the upcoming weeks, I’ll publish articles as part of a series about retirement planning. Please let me know if you have any comments or questions about this topic. The most common reason to start investing is to build a nest egg for our retirement days. Believe it or not, the c
Since June of 2016, I’ve been on the road experiencing the most amazing feeling life can offer us: absolute freedom. For a complete year, I had the opportunity to live like a millionaire. Not in a sense that I was living a life filled by luxury (far from it, hahaha!), but in a sense t
As is the case each year, I make a few transactions in my portfolio. As you may already know, I do very little tracking of my investing performance throughout the year. I’ve already discussed why I see little interest in reporting my dividend income and I prefer to measure my performa
During the month of February, several Canadians will make an RRSP contribution in order to benefit from a tax deduction from their income. For this reason, you will be among many to have fresh cash in your account and wonder where to invest your money. Using the 7 dividend growth inve
We are already in February and if you have been too busy with your 2017 resolutions, you may have forgotten the RRSP season is about to end soon. February is the last month you can contribute to your Registered Retirement Savings Plan. This Canadian program has been created to help yo
In my latest article, I’ve discussed the metrics I would use to make a selection of dividend paying companies if I had only 10 years to build my portfolio. The idea of using a shorter time horizon was to show how limited you could be if you only select companies that are currently pay
Last week, I started some work on the difference between a low yield and high yield portfolio. My first conclusion was that for a limited investment horizon (less than 20 years), the high yield portfolio seems to be the better option. In other words, this is a good rationale for retir