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 with a great deal of confidence we need a $1 M personal portfolio (beyond workplace pensions, beyond Canada Pension Plan, beyond Old Age Security) and no debt to at least semi-retire the way we want.  

However, even if I have no idea about your financial goals, spending patterns, or estate plans, I can offer some guidance thanks to various online calculators and other knowledge I’ve acquired over the years.

Case Study #1 = $1 million saved

Let’s assume you have a paid off home when you retire.  Let’s also assume you have $1 million saved in various investment accounts by age 60.  I am confident you can spend $80,000 per year (pre-tax) for 20 years at 5% return.

Add in 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 then:

$1 million invested in a diversified portfolio at age 60 could easily last 30-40 years withdrawing about $40,000-$50,000 per year (pre-tax).

Here is an article about our desired Crossover Point.

Case Study #2 = $750,000 saved

Take $750,000 invested, age 60:  that’s $40,000 per year (pre-tax) just from your RRSP or RRIF  for 27 years at 5% return.  You can play with this calculator here.

Case Study #3 = $500,000 saved

If you have $500,000 in your RRSP by age 60:

that’s $30,000 per year (pre-tax) just from your RRSP or RRIF for 22 years at 5% return.

My other favourite calculator is here – Variable Percentage Withdrawal (VPW).


Want to read about successful investors that have been there, done that?  Of course you do!  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

The sleep easy way to save and invest for retirement

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…

Beneficiaries – Don’t Forget the Fine Print!

Beneficiaries for TFSAs, RRSPs, RRIFs and other key accounts