Search Results - Canadian Money Forum

Search:

Type: Posts; User: GreatLaker

Page 1 of 6 1 2 3 4

Search: Search took 0.04 seconds.

  1. Replies
    121
    Views
    5,057

    That's a thorny issue. The consequences of...

    That's a thorny issue. The consequences of outliving your money are rather more severe than dying prematurely and leaving a larger than expected estate. So an individual retiree needs to ensure their...
  2. Replies
    121
    Views
    5,057

    Agreed. Michael James on Money wrote a good...

    Agreed. Michael James on Money wrote a good analysis of this. It is important to note that his analysis is always in after-tax dollars. In his example he uses a 40% MTR so to have $1 in an RRSP after...
  3. Yes they are... and they cause a lot of...

    Yes they are... and they cause a lot of confusion. Here is my view on TDB8150 which is TDDI's HISA that is always priced at $10.00/"unit":


    The price of TDB8150 is always $10, so the ACB/share is...
  4. Do you need life insurance? If you don't have...

    Do you need life insurance? If you don't have kids or other dependents you should think seriously about dropping your life insurance policy. It is profitable for insurance companies and pays good...
  5. Welcome to Canadian Money Forum. It sounds...

    Welcome to Canadian Money Forum.

    It sounds like you should start with the basics of what your expenses are, what your total savings and investments are, and what government benefits (CPP/OAS/GIS)...
  6. Replies
    121
    Views
    5,057

    It also depends on when you retire vs. when your...

    It also depends on when you retire vs. when your other sources of retirement income start. If you have a large RRSP and you retire early, consider withdrawing some from RRSP before CPP/OAS start, and...
  7. Replies
    121
    Views
    5,057

    IMO young people don't really need a financial...

    IMO young people don't really need a financial planner. Just read a few good resources like Finiki.org, Millionaire Teacher by Andrew Hallam or If You Can by William Bernstein, then save somewhere...
  8. Thread: VFV vs XUS

    by GreatLaker
    Replies
    7
    Views
    335

    There's no point in holding 2 different ETFs that...

    There's no point in holding 2 different ETFs that both track the same index, like XUS and VFV that both track the S&P500. Holding both just adds complexity in managing your portfolio, tracking...
  9. Yes. Deferring CPP/OAS results in more indexed...

    Yes. Deferring CPP/OAS results in more indexed government guaranteed income later in life when you have the least ability to recover from a portfolio shortfall. It provides more protection against...
  10. Very well said. Here is an article that describes...

    Very well said. Here is an article that describes what you suggested in some depth:
    http://www.rgafinancial.com/articles/What-Account-Should-I-Draw-From-First-In-Retirement.pdf

    It's tough to...
  11. Replies
    12
    Views
    723

    Interesting analysis James. I ran this through...

    Interesting analysis James.

    I ran this through Norm Rothery's Stingy Investor Asset Mixer for a portfolio of 40% all Canadian Bond, 20% TSX, 20% SP500 and 20% EAFE, with 0.25% MER. That tool does...
  12. Replies
    223
    Views
    11,738

    SWR studies are based on historical data for a...

    SWR studies are based on historical data for a balanced low-cost portfolio. If future economic conditions are worse than those of the study period then withdrawal rates that succeeded in the past may...
  13. Replies
    52
    Views
    2,725

    I had a financial plan done on a flat rate...

    I had a financial plan done on a flat rate fee-for service basis. The planner refers to her business as "financial planning" and "fee-for-service financial planner". The service is focused on...
  14. Replies
    121
    Views
    5,057

    Other things being equal* I prefer to pay a...

    Other things being equal* I prefer to pay a dollar of tax in the future than a dollar of tax now.

    Consider a retiree with a 30% MTR with RRSP and non-registered accounts. In the non-registered...
  15. Replies
    121
    Views
    5,057

    That's why we have CPP, OAS, GIS and lock-in...

    That's why we have CPP, OAS, GIS and lock-in provisions on funds withdrawn from pension plans.
Results 1 to 15 of 80
Page 1 of 6 1 2 3 4