Welcome to my retirement page.  On this page you’ll find information, stories and essays from others who achieved financial independence and security.  Read on and learn from them – how you can tailor your own retirement success story from their lessons learned.

How much do you need to retire?

I have no idea – for you 🙂

I know we need a $1 M portfolio and no debt to at least semi-retire the way we want.

However, even if I have no idea about your financial goals I can offer some guidance thanks to various online calculators.  Here is one of my favourites.

Assuming you have saved close to $1M for your retirement, by age 60, that will last you at least 20 years until age 80 earning a tidy $80,000 per year at 5% rate of return.  If you want your money to last longer, you’ll have to spend less OR earn a greater rate of return.  See table below.

Excluding government benefits in your 60s like Canada Pension Plan (CPP) and Old Age Security (OAS), which should amount to an average of about $1,000 per month per person if someone took these benefits at age 65, $1 M invested could easily last 30-40 years with modest spending.

What if you saved less?  $750,000?

Take $750,000 invested by age 60, earning 5% going-forward.  If you saved $750,000 by age 60 and you wanted to take out $40,000 per year indexed to inflation – that money will last you to age 87.  Not bad.  You can play with that calculator here.

What if you saved even less?  $500,000?

Say you had $500,000 in your RRSP at the time of retirement.  With $500,000 invested by age 60, earning 5% going-forward, you could take about $30,000 per year indexed to inflation to last you until age 82.

Want to read about those who have been there, done that?  Read on!

Passive Investing Success – The Evidence is Here

Retirement worries?  Not here.  Find out why.

Save like this, retire like that – My story about early retirement in style

Can you beat the index?  Yes and Ross Grant proves it.

How to achieve FIRE – Early Retirement profile from Get FIRE’d asap

Ditching home ownership and becoming a millionaire instead

Retired at 32. How he did it and the lessons learned – Part 1 of 2


Financial Independence Retire Early (FIRE)

Here’s a list of sites I’m starting to visit more frequently – bloggers who have reached early retirement or are well on their way…