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48yo CPA in MCOL city in Canadian prairies. All figures in today's CAD$. Currently at $2.1M in assets and $450k paid off home. Goal was/is?? to work to 52 and get to $2.8M - $3.0M in assets. Expect to receive $23k in CAD gov't pension at age of 65, can take earlier at 75% reduction. No work...

I am in Canada and every year my older Canadian friend goes to Arizona for six months and tells me I need to buy ASAP before prices go higher. Granted; looks like houses have come down 10-15% in many areas lately and possible weakness ahead. I remind him that he bought a $300kUSD foreclosure...

I was going to call a company in to service or replace my humidifier but I managed to fix it for time being at least. I also realize now that I have not had HVAC mtce for 8 years....which is when I installed a new York furnace. I have an Aprilaire air cleaner with massive accordion style...

Just curious, but what is the current yield on your portfolio? With current increased rates on bonds and generally increasing dividends post pandemic, my portfolio currently yields 2.69%. I plan to never spend more than my dividends so this will be my SWR whatever it ends up at retirement...

For those with a second home, what are you annual costs? I mean HOA, taxes, utilities, supervision, mtce, garbage collection etc. I am from Alberta, Canada and eying the Arizona market....something like Surprise, AZ. I would get something with no pool and no mtce yard as we would be there...

Hello All. So recently my dividend income of $41000 covers my expenses in a MCOL city in Canada. This is on a $1.9Mil portfolio and paid off house. We are frugal, my hobbies are cheap (tennis, cross country skiing and biking) and with COVID our plans to cheaply slow travel are nill and void...

Just curious but would anyone say something to a friend of yours in terms of risk management. He is 100% TSLA since $150 share price and is semi retired at the age of 40 with about $2.5Million....a mix of shares and LEAPs all in TSLA....or should I just mind my own business? We have discussed...

In January many youtube videos of Chinese journalists reporting on this who suddenly disappeared. Then the videos of people being locked into their houses. This is before any change in S&P 500. Some poker players figured out the market would tank and have made millions shorting the markets...

As the title says would like to spend a month somewhere warm in the states. My wife and I like to hike and kayak and I love to play tennis so an active tennis 'meetup' or clubs that accept a short term guest would be awesome. Access to awesome day trips would be a big bonus too. Tempe looks...

I am in a finance role and just had my annual increment. We don't have formalised reviews really - was told everything is good with my work, always meet my deadlines BUT had a comment about me leaving at 4:30 every day which coincides with our official ending time. Others in the group don't...

I'll admit the 10% correction was abit of an eye opener for me in terms of real $ loss. The best way proper A/A has been described is to determine your maximum tolerable loss and then work backwards from there. So for me I have 1.2M in invested assets (well more like 1.13 after the...

We all know due to sequence of returns risk that retiring on the eve of say the dot.com crash or in 1964 prior to the 10 year bear market would have been terrible times to retire. Conversely though, when is the best time to retire? As a 42 year old I am aspiring to retire at 50. If the market...

When I enter 36k draw for 50 years and starting date of 2018, on the right hand side it has a withdrawal analysis showing "beginning third" with an amount less than 36k.....why would that be? You can try any numbers you want and any number of years with any start date 2020 or earlier and it...

Planning to FIRE at 45 with plan to slow travel 1-2 months per year staying in one spot for most of it. I am budgeting $12K per year to do this. I'm Canadian and from what i can tell $3000USD will get me a decent place for one month pretty much anywhere in the world (found some even in NYC on...

I am planning to have a 3% withdrawal rate and after tax expenses of $40K. This would imply i need $1.32 Million. Now, with 2% inflation, my expenses rise $800 per year but at say 10% tax bracket I need another $80 for taxes for $880 total. $880X33 means i need to build my portfolio from year...

This past week at work I had basically a blowup at one of our VP's. One of my staff who is in a different physical location from me is in charge partly of making sure a function is done at their branch. Long story short they just barely made a deadline and missing said deadline would have...

One of the reasons I am a staunch buy and holder is due to the fact that noone can ever get the timing perfect as a trader. I am confident that the stocks I invest in will be higher 30 years from now - I don't care too much about day to day moves. Sometimes I do have to sell something for a...

I obsess over my budget, financial projections, retirement nest egg, etc. One of the things I'm finding is that the nest egg I will need in about 13 years for retirement varies wildly depending on the variables. Right now my range of desired savings is about $1.2 Million to $2.2 million. The...

About four years ago I had ZERO allocated to bonds. I did have alot of cash kicking around that was maybe about 15% of total portfolio. After the market crash I obviously learned lessons and started directing new funds to bonds and also selling off equities when I thought they were overvalued...

As per my handle, I'm not the biggest fan of my profession. Since graduating university at 21 I have not had more than 2 weeks off at a time using standard vacation time. Lately I have been thinking of taking an extended break from the workforce. Approximately six months. I've been at my...

I could have sworn i've seen threads on this topic, but a search result didn't yield anything I could see. I have just started getting back into golf in my mid thirties. I used to play all the time in my younger days, much of it for free as i worked at a golf course for six summers doing...

I notice alot of Canadians post on here - I myself am a Canuck. In theory since this forum mainly draws North Americans (correct me if i'm wrong) we should expect 1 in 9 to be Canadian based on current populations. I would suggest the ratio is higher. Anyway to find out? It would make sense...

Just wondering how those with younger spouses are dealing with early retirement or the thought thereof. My goal is to hopefully retire at 50 - I am currently 36 - and so far I am on track. My gf is 9 years younger than me and she supports this goal. When I am 50, she would of course be 41...

Was playing around in Excel today and it’s very disturbing to see how very small changes in parameters lead to extremely different results. I have been toying with the idea of leaving full time work at 40 and then working on a temp/consulting basis for the next ten years. Assume the following...

I should be happy at my financial position in life, however in updating my quarterly NW, it just got me more depressed than anything. I am planning a modest retirement in about 10-15 years with a 3.3% withdrawal rate (30X expense - not comfortable with 25X and think 33X is excessive). Anyways...