Yes!! 😊 Key point is a retired persons debt level, ideally $0. (No Mortgage, no car payment etc.). Less income is required to sustain your retirement. Well done Canada’s favourite Scotsman! 🇨🇦 🏴
Retiring abroad is certainly not feasible for everyone but it is one of the best things you can do to make your dollars go further (depending on where you retire to of course).
Depends on a) the level of investment risk you are willing to assume, b) whether you want to spend capital, and b) when you plan on dying. If you get those figured out, well there ya go!
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Yes!! 😊
Key point is a retired persons debt level, ideally $0. (No Mortgage, no car payment etc.). Less income is required to sustain your retirement.
Well done Canada’s favourite Scotsman! 🇨🇦 🏴
Thanks Billy!
All your videos are well done! Thank you!
You are welcome Ken, I enjoyed our conversation last week.
Thanks, great video! Appreciate the resources you include too!
Thank you!
Easy to obtain 5-6% pn 500,000 but thats only 30,000 a year, even with no debt it may not be enough. But add 1400 from pensions and rrtire abroad
Retiring abroad is certainly not feasible for everyone but it is one of the best things you can do to make your dollars go further (depending on where you retire to of course).
Was hoping you would get more into the monthly $ someone could expect if they had $500k and retired at 65
I appreciate the suggestion, will keep this in mind for future videos!
Depends on a) the level of investment risk you are willing to assume, b) whether you want to spend capital, and b) when you plan on dying. If you get those figured out, well there ya go!