$1 million goal - My Own Advisor

Why my goal to live off dividends remains alive and well

Posted on March 27, 2023 by Mark | 162 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. Well, a great deal of time has passed on that…

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 and no pensions at…

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

Posted on April 8, 2018 by Mark | 45 Comments

How to build a million dollar portfolio 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. How could you build a million dollar portfolio? Read on! How…

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 | 51 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…