This free Canadian calculator tests your RRSP, TFSA, CPP, OAS and GIS against taxes, inflation and a market drop to find your safe spending. It also works for other countries by disabling its Canadianness.
Am I ready to retire? I made a free Canadian calculator that tests your RRSP, TFSA, CPP, OAS and GIS against taxes, inflation and a market drop to find your safe spending. And there is a detailed blog post explaining the math that goes into it.
Interest rate hikes have you all riled up? When should you start paying off your mortgage earlier? Should you keep investing? What do I do? In this post I explore the switch point. And also have a calculator you can use.
Keeping retirement investments in cash in early years is a huge mistake that compounds over time. Here, I do the math of what cash does to your retirement portfolio and compare it to a common strategy. There is also a calculator!
Everyone says to keep investing and not wait for a crash. But does that make sense? Well, yes, but read about why that makes sense. Oh, and there is a calculator that compares continued investments versus waiting for a dip.