Thank you to CPP Investments for working with us to share more about retirement planning! Check out more of their survey findings here - www.cppinvestments.com/for-canadian/nearly-2-in-3-canadians-worry-about-retirement-savings-survey/
Someone commented on one of my videos saying anytime I see a video on retirement I have to put $50 into my retirement accounts. I both blame yall and are grateful for yall! More people need to watch great content like this!
Tbh future expenses are tricky to forecast especially with kids, upgrading homes, etc. But making investments a priority are still important and having a rough net worth target + retirement age in mind . Especially depending on the type of retirement you want (i.e. lean FIRE, chubby FIRE, fat FIRE, etc.)
Im 53 with 400k in my target date fund and my mortgage will be fully paid off in 2 years with no debt im hoping the fund doubles and I will feel secure and with my CPP and OAC that's just gravy on my steak and mashed potatoes and I also have my TFSA 100% in stocks that I can tap into in 20 years if poop hits the fan😂
This is a great tip of the iceberg intro, but a bit too vague to be helpful for me. I hope to see more about CPP and how you take into consideration the amount, access that information, and how it's calculated and withdrawn/deposited when it's time to use it. Like what factors should be considered?
If you’re with an organization that provides a pension when retiring, do you just reduce the annual pension (after taxes) amount from your annual expenses?
I'm 27 and this is my #1 goal in life. I can't stand selling my time to corporations for money. I've been saving 90% of my pay cheques while living at home. Suffer more now for the next 15 years or drag it on for the next 40. The choice is an easy one
Great to be so focused on saving, but don’t forget to enjoy life along the way. I’d recommend reading the book Die With Zero - it’s an eye opener for hyper savers about how to avoid looking back in you 40s and beyond without regrets about saving too hard in your 20’s and 30’s.
We will be sharing a new FHSA video soon! We're happy to hear that you're thinking about that before the new year 😊 In the meantime, you can check out this video if you haven't already - ruclips.net/video/ZfdBkNoXjCQ/видео.html
I just did my expenses for 2025. Providing that I'm still living in the same place with all my expenses. My yearly amount to live on is 25000 a year so if I continue but maybe I purchas a home. That amount will raise another 5000 or so. Me saying that I need 60000 a year seems right on target to me.
Oh great, the lovely Stef has me worried. Bad enough I have my first snowfall covering my driveway, no along comes Stef to make me even more nervous. *sigh*
Thank you to CPP Investments for working with us to share more about retirement planning! Check out more of their survey findings here - www.cppinvestments.com/for-canadian/nearly-2-in-3-canadians-worry-about-retirement-savings-survey/
Someone commented on one of my videos saying anytime I see a video on retirement I have to put $50 into my retirement accounts. I both blame yall and are grateful for yall! More people need to watch great content like this!
That's a great challenge 👏🏿👏🏻 we're sorry and you're welcome, ha!
I love you guys videos! You are definitely soulmates and have a great purpose here working together
Thank you so much! We appreciate it 😊
Tbh future expenses are tricky to forecast especially with kids, upgrading homes, etc. But making investments a priority are still important and having a rough net worth target + retirement age in mind . Especially depending on the type of retirement you want (i.e. lean FIRE, chubby FIRE, fat FIRE, etc.)
Im 53 with 400k in my target date fund and my mortgage will be fully paid off in 2 years with no debt im hoping the fund doubles and I will feel secure and with my CPP and OAC that's just gravy on my steak and mashed potatoes and I also have my TFSA 100% in stocks that I can tap into in 20 years if poop hits the fan😂
Great content!🙂 Any top books or video channels for beginners to learn investing (in addition to yours)?
This is a great tip of the iceberg intro, but a bit too vague to be helpful for me. I hope to see more about CPP and how you take into consideration the amount, access that information, and how it's calculated and withdrawn/deposited when it's time to use it. Like what factors should be considered?
If you’re with an organization that provides a pension when retiring, do you just reduce the annual pension (after taxes) amount from your annual expenses?
I'm 27 and this is my #1 goal in life. I can't stand selling my time to corporations for money. I've been saving 90% of my pay cheques while living at home. Suffer more now for the next 15 years or drag it on for the next 40. The choice is an easy one
Great to be so focused on saving, but don’t forget to enjoy life along the way. I’d recommend reading the book Die With Zero - it’s an eye opener for hyper savers about how to avoid looking back in you 40s and beyond without regrets about saving too hard in your 20’s and 30’s.
Great videos as always, are you guys on the investor platform Blossom?
Thank you so much 😊
No, we aren’t currently on Blossom!
Yay, I’m 44! I made it into the younger people category!!
😂😂 we love it!!
Hi Steph & Den,
New year is a month away. Is there a new FHSA video planned? A lot of us are looking forward to what ETF's we should go with. :)
We will be sharing a new FHSA video soon! We're happy to hear that you're thinking about that before the new year 😊
In the meantime, you can check out this video if you haven't already - ruclips.net/video/ZfdBkNoXjCQ/видео.html
Great vid Learned a lot
Thank you so much! We're happy to hear that 😊
I just did my expenses for 2025. Providing that I'm still living in the same place with all my expenses. My yearly amount to live on is 25000 a year so if I continue but maybe I purchas a home. That amount will raise another 5000 or so. Me saying that I need 60000 a year seems right on target to me.
Amazing - so glad to hear that you’re looking ahead! 😊
Ur investement video made me fking fail my exam
🤔
@stephandden the lore is that your video on budgeting made it into our book and we had an exam on it
Awesome video!
Thank you so much! 😊
Mam is your household income 150k dollars a year in Canada? Please reply in yes or no. Thanks a lot.
Oh great, the lovely Stef has me worried. Bad enough I have my first snowfall covering my driveway, no along comes Stef to make me even more nervous. *sigh*
I love this channel videos, but every time I remember they exposed our entire Overemployed community on tik tok... difficult to forgot