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How much money do I need to retire in Canada comfortably?




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Title :  How much money do I need to retire in Canada comfortably?
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Description How much money do I need to retire in Canada comfortably?



Comments How much money do I need to retire in Canada comfortably?



Adam Clio
Quality video, you can retire certain with the help of an investing expert
Comment from : Adam Clio


matti jarvinen
you can only afford to retire in Canada is to win a lottory of million or more
Comment from : matti jarvinen


playit00
Hi! Well done!! Very clear and easy to understand I just wanted to say that I have heard so much about Index investing and how there is really no need for financial advisors because of the fees they charge Could you please do a video on Index funds vs Financial advisors please I think a lot of people including myself who have had a financial advisor for years are feeling a little disillusioned with the results I would just like your opinion
Comment from : playit00


Ronin Ronin
Great content, concise advice! 👊brThere was no youtube in the mid-80s, I somehow believed in the magic of cutting your spending and budgeting your money definitely increases your income without sacrificing a great dealbrI love the quote" you rather have a 5 dollar wallet with 100$ in it, than a 100$ wallet with only 5 dollars" mental accounting has to do with how we make financial decisions based on our associations with money Cheers!
Comment from : Ronin Ronin


Hogtown Biker
If I could go back in time I would of told my 25 year old self to start saving It wasn't until I was 35 I started to save Fortunately I buckled down and turned it around But if I started earlier I would be retired now instead of a couple of years from now
Comment from : Hogtown Biker


Vick Store
- wwwyoutubecom/watch?v=elix8jgNEOU
Comment from : Vick Store


The Rad Dad Investor
Bro idk how your channel is not bigger! Great content, I just subscribed to help support your awesome videos! Keep up the great work!
Comment from : The Rad Dad Investor


mary lambros
You explain it so simply I wrote down all my bills and expenses devided by 12, Wow no money left for anything else with my pension I have to continue working Thank you so much for the eye-opening info Thank you!
Comment from : mary lambros


Maria Perez
Lo siento una pregunta quién puede vivir con una pensión de 300$ al mes Después de haver trabajado 25 años es justo O es lo correcto gracias
Comment from : Maria Perez


mary lambros
Too bad, I am learnig about $$ retirement at 60 there was no YouTube in my 20s
Comment from : mary lambros


Laura Stevens
Re: your 290 claim, did you control for income?
Comment from : Laura Stevens


Pat Lucking
I was never able to get idea how much was going to be until I got it I was suprised it was better than I expected and I think the amount related to year out raising kids helped
Comment from : Pat Lucking


Martin Zwicker
Thanks for the video One thing I don't understand in your 4 explanation is the table on the left Fundamental to the 4 rule is that you make at least 4 on your investments and if you only draw down 4 annually, you will actually experience no decumulation In your chart on the left, you show only draw down but no annual investment return to offset the draw down? Am I missing something?
Comment from : Martin Zwicker


Ivan Smith
Thanks for the video, I now know I don't have a written financial plan, a projected income at retirement or a tax plan, things that I have to look into, though I have made up a expense budget for a moderate retirement, thanks again great insight!
Comment from : Ivan Smith


S CT
The amount I pay for medical insurance = my monthly rent, + utilities + food = $3k grand total
Comment from : S CT


macdaddymgiarc
Great video and thorough! I have watched lots of retirement videos during the Pandemic I wish yours was available a year ago! I hope to retire in 2025 so I am preparing now with the detailed questions that you touch on here Well done, thank you for sharing your knowledge
Comment from : macdaddymgiarc


WT
The first 2 years after you retired, no doubt you will spend more ri explore the world, but the expense will drop afterwards No, you dont need 75 of your pre-retirement income to live comfortably based on my experiences
Comment from : WT


johnnyboyvan
I would say 70 to 75 percent of one's present income is necessary to retire comfortably Sadly, most people don't reach this when they are single
Comment from : johnnyboyvan


Bella Bella
I really like how thorough you are This will really help me
Comment from : Bella Bella


Haris Muzaffar
V nice
Comment from : Haris Muzaffar



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