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My $200,000 Retirement Plan

July 31, 2010 Personal
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So this is actually really simple. Buy a $200,000 house today. Rent it out, making sure you’ve picked a house where the rent covers the expenses with a bit leftover. Wait 20-30 years. That’ll make me 50-60. You’ll have (at least) a $200,000 asset free and clear that you can sell, remortgage or light on [...]

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450 of my Facebook Friends Are Going To Be Screwed In Retirement

July 14, 2010 My Personal Belize
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There’s been a lot in the news the last few months about how Canada’s gone from a nation of savers to a nation of spenders. While it’s true that we’ve gone from saving ~15% of our income to ~1%, there’s some scarier stats out there. We’re in serious danger of outliving our savings, getting useless [...]

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Move Before You Have To

January 24, 2009 Personal

[Ed Note: Today's Guest Post comes from Leigh Davies, my mother, a C.M.A. and a 24 year veteran of the property management industry] I have had a most stressful last 5 days. My parents-in-law, Bill and Hilda are both nearing their 80th birthday, and are still living in their own 5 bedroom house. Both are [...]

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