$1 million goal - My Own Advisor

They have $1.2 million and no pensions, can they retire?

Posted on November 18, 2019 by Mark | 73 Comments

They have $1.2 million and no pensions, can they retire? They say a million bucks or so ain’t what it used to be…but I still think that’s a pile of money. This couple has $1.2 million invested and no pensions,…

Why my goal to live off dividends remains alive and well

Posted on December 16, 2018 by Mark | 85 Comments

Why my goal to live off dividends remains alive and well Some time ago…yours truly wrote a controversial post about the intent to live off dividends and distributions from our portfolio. Some time has passed on that post by my thinking…

Why it’s never too soon to run some retirement numbers

Posted on November 20, 2018 by Mark | 52 Comments

Why it’s never too soon to run some retirement numbers Inspired by various articles on this subject in recent months, I believe it’s never too soon to run your retirement numbers. This post will tell you why. Dream early, dream…

How to build a million dollar portfolio (or close to it)

Posted on April 8, 2018 by Mark | 45 Comments

How to build a million dollar portfolio (or close to it) They say a million dollars isn’t what it used to be. Fine. In my book though it’s still a huge pile of money. Beyond inflationary pressures, workplace pensions disappearing over…

Do you still want to be a millionaire?

Posted on July 12, 2017 by Mark | 50 Comments

Do you still want to be a millionaire? I read an article about Canada’s wealth recently and it got me thinking – is a million bucks really that much money anymore? Do you still want to be a millionaire? According…

Ditching home ownership and becoming a millionaire instead

Posted on April 26, 2017 by Mark | 40 Comments

Ditching home ownership and becoming a millionaire instead You might already know from the recent posts on my site, I’m more interested in FIRE – which stands for Financial Independence Retire Early in the personal financial community. Here is a…

Our lofty goal to build a $1 million portfolio

Posted on January 17, 2017 by Mark | 38 Comments

I don’t really care how often you read or hear that “a million ain’t what it used to be”. While true, one million dollars is still a huge chunk of change. …And we’re working our way towards that amount. Slowly.…

So how would you manage a $1 million portfolio?

Posted on August 7, 2016 by Mark | 50 Comments

So how would you manage a $1 million portfolio? I got this question in my inbox lately. How would you manage one million dollars? Interesting question. The questions and assumptions from the reader went on to say this: let’s assume…

Do you really need $1 million to retire well? Of course you do.

Posted on January 27, 2014 by Mark | 96 Comments

Do you really need $1 million to retire well? Of course you do. I read an article in The Globe and Mail that reminded me most experts say you need approximately 75% (or more) of your current salary to maintain…