Canadian Money Review: retire sooner

Tuesday, June 24, 2008

retire sooner

I found these 6 rules to retire sooner from MSN.CA

5 comments:

Martin said...: Hey CMR, do you have any links to Ottawa based IFAs? I just read your review on IG and decided to stay well clear. Just 1 link would be good ... if you know what I mean!

M; 2:59 PM
Martin said...: oh, and can you recommend any good retirement calculators ... or even a excel template.; 3:06 PM
The Canadian Money Reviewer said...: hi Martin,

I've really just related my experience with IG ... I actually know somebody who's really happy with them. You will end up paying more fees than if you do it yourself!

I'm not too mcuh into calculators ... I simply try to maximize my savings :-)

And I don't know any advisors myself :-(

Sorry if I can't be more helpful ...; 8:01 PM
Martin said...: Thanks cmr,

I have found a good calculator actually and hope to do this ourselves now (it's more about keeping the wife happy as well).

http://www.retireearlyhomepage.com/software.html

I am now altering for the Canadian market. The only thing that would help is knowing some of the assumptions as I realise Garbage In Garbage Out.

Do you know of any good sites for data such as average stock yields, ave bond yield, inflation predictions etc etc.? Ultimately it is the model and good input assumptions that are needed. As you will see from the excel assumptions list there are a lot here.

M; 1:52 PM
The Canadian Money Reviewer said...: Canadian Capitalist (http://www.canadiancapitalist.com/) has a lot of good posts on historical returns,etc. and good links to reference sites ...; 5:56 PM

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