Posts by larryc

How Did The "Experts" Do with their 2015 Predictions?

How Did The "Experts" Do with their 2015 Predictions?

In a word, Lousy. The Globe and Mail, to their credit, ran an article on December 18 that compared predictions...

Why the 70% Rule Doesn’t Make Sense

Why the 70% Rule Doesn’t Make Sense

If you listen to mutual fund sales people and most of the mainstream media, you will often hear that people...

Do I Need to Save for Retirement if I have a Company Pension Plan?

Do I Need to Save for Retirement if I have a Company Pension Plan?

First of all, consider yourself lucky that you are one of the few remaining workers in Canada that can still...

How Canada Pension Plan and Old Age Security Fit Into Your Retirement Savings

How Canada Pension Plan and Old Age Security Fit Into Your Retirement Savings

Canada Pension Plan If you work in Canada, you are already contributing to your retirement savings through the Canada Pension...

How Actuaries come up with the 50% rule

How Actuaries come up with the 50% rule

Many people are surprised when they are told that they can have the same standard of living in retirement as...

How Much of Your Income Should You Save?

How Much of Your Income Should You Save?

In a recent post, I told you that most of us can enjoy a similar standard of living in retirement...

Rebalancing Your Savings

Rebalancing Your Savings

Rule #5: Rebalance your 3 index funds once per year so you keep the 1/3 Canadian stocks , 1/3 world...

How to Invest Your Retirement Savings

How to Invest Your Retirement Savings

What to do with your retirement savings: Rule #4: Invest your savings in low cost stock and bond index funds:...

How Much You Need to Save For Retirement

How Much You Need to Save For Retirement

The short and fairly useless answer is: It depends. You want to save enough so you can have a secure...

The Importance of an Emergency Fund

The Importance of an Emergency Fund

Rule#2 Build up an Emergency Fund of 6 months living expenses. Like it or not, life is full of little...