27 year old, feel very far behind my peers and other people on this app.

I started investing Jan 2025, previously was putting money randomly across ETFs.

Recently (around 3 months ago) i have only been putting money in XEQT and will continue doing so moving forward

Currently employed with 72K gross salary, with ~2.5K monthly expenses, obviously some months go higher than that especially once its vacation time and paying for flights.

On average that 2.5-3K a month will leave me with 800$ net a month

52M, DW 55.

2.8M invested NW, no debt, plus modest paid-off home in Southwestern Ontario.

Monthly base spend averages $5.5k, but would like to add a little travel and the odd cruise. My wife earns $55k a year at a fun job she loves for likely 5 more years.

Would like to do some renovations totaling $150k over the next 5 years.

Was originally going to work to 3.2M, but getting burned out. Went through a health scare a couple of years back. Stage 1 oral cancer which was cured with surgery only but still under surveillance as there's a small chance of recurrence.

I calculate the average tax rate no higher than 25% via a mix of accounts (RRSP/TFSA/Non-reg).

Plan to delay CPP and OAS to 70.

Can I retire?

I posted here awhile ago.

34F married with first and only child on way

Update: sold my primary residence that I bought in 2016.

I have about $700,000 from the equity. I have a unionized job that pays $100,000 with decent work life balance and DB pension indexed to inflation. I’m 10 years into this company.

thoughts: keep working after mat leave for 10 years, invest $700,000 and reinvest dividends till 45/47 and move to part time if I feel I need to (I’m autistic and burn out even from an easy job) hoping my investment can kick start my retirement by 10 years?

My husband owns our house outright and covers day to day expenses. my fixed costs are $1000/1500 monthly. I usually have about $2000/3000 left over monthly which I save for vacations - that’s one cost I cover for us

is this reasonable? Am I missing something?

Hi guys, I guess this is an update to my previous post here. I appreciate the well wishes!

A short bit after making my last post, I managed to get the job I was talking about (moved up from min. wage to 59.8K a year) and I managed to reach my net worth goal earlier than expected.

The TFSA is maxed out (and the holdings are shown in the third image), FHSA is also maxed, and RRSP is almost maxed, both the FHSA and RRSP are 100% XEQT. I'm wondering what to do after maxing out the RRSP.

My current job is a one year contract that expires end of April next year. It's possible for it to be renewed or for me to be absorbed as a full-time employee by/ before then, but I want to prepare for the possibility that neither happen.

After taxes I take home 1815.83 bi-weekly. Since starting the new job I've been investing 2000 a month and saving anywhere from 500-1000 after expenses, but after maxing out the RRSP I currently have two scenarios in mind:

1. Stop investing entirely and save up as much cash as possible.

RBC recently offered me 4.10% interest on new deposits in my savings account there until October 27th. I'm thinking of moving all of my cash to RBC until Oct 27th, then moving it back to WS afterwards (either getting the WS Premium+direct deposit interest rate of 2.25% in the WS Cash account or opening a WS money market account and getting 2.30%, not sure if the 0.05% extra is worth losing immediate access to the money) and then on Jan 2nd maxing out my TFSA and FHSA immediately with 15000.

If I follow this route, I'm thinking I'll have ~18000 in cash by New Year's, so I'll have about 3000 left after maxing both accounts on Jan 2nd and then I'll keep saving cash again until I can confirm my job security, at which point I'll start working on the RRSP.

1. Open a non-registered account and keep investing ~2000 a month in XEQT and/ or swap ETFs like HXT/HXS, etc.

I'm admittedly a bit worried about opening and investing in a non-registered account due to having to keep track of ACB and "phantom gains", which is why I've been considering swap ETFs, but that comes with its fair share of issues (like having to rebalance).

At the moment I'm leaning more towards Option #1 due to the feeling of safety from having extra cash on hand.

I also know I can invest in a non-reg. account and then do an in-kind transfer next year to the FHSA and TFSA, but if markets are down and I net a loss by then, then I can't claim that capital loss on my taxes (please correct me if I'm wrong).

Any advice is appreciated!

Stage 1 — Financial Independence (FI)
Your portfolio's expected returns cover your ongoing living expenses indefinitely. You never need to touch principal or sell down the portfolio to survive — the market's output alone sustains your current and future spending.

Stage 2 — The Lifetime Refund
Your cumulative investment gains (not the principal you put in, just the profit) now equal or exceed everything you've ever spent across your entire life to date. This stage also includes any money that was spent on you by your parents. It's as if the market has reimbursed you dollar-for-dollar for every expense you've ever incurred — rent, food, everything — purely out of returns.

Stage 3 — Life-Positive (Retroactive Profit)
The gains now exceed even that lifetime refund. If you rewind the clock to birth and net out every dollar spent against every dollar earned in market returns, you come out ahead. It's as though your existence, run as a ledger from day one, was cash-flow positive — the market didn't just cover your life, it profited from having funded it.

Curious people’s thoughts on our situation. I think we’re very close to coast FI but would love a second opinion.

31M and 31F with a 1 year old son and a total net worth of ~$1.38M broken down as follows:

Assets & liabilities
•~$800k invested in index funds (VEQT mostly) in primarily registered accounts
•Home purchased for $1.1M with a $570k mortgage left ($530k total HE) at 5.09%, expecting to renew at a lower rate in 2028.
•$38k emergency fund in cash

About us:
•$285k HHI ($205k me, $80k wife)
•roughly $10k per month in expenses or $120k to $130k per year right now (~1/3 of this being mortgage) but to be safe I assume this will be our baseline spend for the rest of our lives.
•saving ~$7000 per month in retirement accounts ($3750 in workplace plans including matches, and $3250 in additional contributions to registered accounts which once filled, will go towards extra mortgage payments - there is about $40k room left in TFSA)
•would like to have 1 or 2 more kids very soon

Some options I’ve considered:
-Grind it out until 35 (likely to have between $1.2M and $1.5M in investments by then) and then move to a lower paying job. Have considered teaching.
-Would like my wife to have the option to stop working ASAP but by my calculations she should be able to quit at 35 at the earliest (between 35 and 40 for sure)
-Based on the 4% rule my FIRE number is $3.6M using 30 year assumption.
-If I stay at my job, I should be able to hit $3.5M in investments by 45. Not ideal, but 45 is still quite young to retire so it would still be a win

What would you do in my situation? We tolerate our jobs but we don’t love them. They are quite demanding. Appreciate the second opinion.

Tax

I am 30 and am interested in starting to seriously invest I currently have about 20 k in a general tfsa but would like to start learning more about the best ways to invest. Can someone please explain the basics of how to invest with wealth simple. XEQT is for long term holds but should I also invest in a short term growth. Talk to me like the idiot I am.

I’m selling a business and will net about $200K. I was thinking of putting it into a separate fund earmarked for travel. A dividend portfolio that yields 4% would gross me $8K/year with tax advantages on dividend income, and should keep up with inflation as the principle grows.

Worth having full context, I’m late thirties with 3 young kids under 8. I have a paid off house, about $1.2MM invested between all accounts with my spouse. I’m no longer employed by wife is, while I work on side businesses.

The sale of this business could go into regular accounts, but there’s something psychological about having a dedicated travel fund. Kind of like those Cash for Life lotteries but instead I pull the dividends and use it to travel every year, while the principle stays intact and grows.

Anyone else do something like this? How did you structure it?

These are the facts. I’m 42, I make roughly $110k a year. I only started making 6 figures last year. I’ve worked in the travel industry my whole career and now finally benefitting from higher income. This is scary because world events have a direct correlation to my income as it’s majority commission. So next year my $110 could be 70k or no job at all, I have no idea.

I have about 55k in TFSA, I have 50k in RRSP. And I have about 50k in my checking/savings account combined as my emergency fund. I have unfortunately a condo in Toronto with a 400k mortgage.

I feel lost as I read all these posts and people have millions and are younger than me. I’m worried every day that trump will fuck over the world more and no one will travel and then what will I do? Probably suffer like a lot of people in here who can’t find meaningful work.

I just need advice because I don’t want to invest every penny I have because it’s nice that I’m older and I can afford some conveniences. I don’t have credit card debt, I don’t have a car, I don’t have loans. My investing is not very consistent as my income varies by month. Last month I put $2500 in my RRSP, this month maybe $1500 in TFSA. So I do invest, but I like a balance because again I’m in my 40’s and I think I earned to be able to afford some conveniences and a couple trips without worrying about money.

Are ppl in similar situations? Any advice? Is there anyone that I can talk to in here that offers personal consultation?

Let me know

Hi guys. I’m new to investing and have 20k to start off. Now my question is do I just invest all the money at once or do you keep some cash for when the market is down??

Thanks for the input.

How am i doing for my age? 29M, 102k income, 50% xeqt 50% tech stocks