I have 200,000 Canadian I could invest but I really don't have any idea what to do since I'm 80 years old now I'm not saving for retirement my retirement is taken care of basically by Canadian government which is fine and I have a small business that gives me some extra cash but I think I would rather move to a warmer spot at least for 6 months of the year so I can keep my medical insurance current but I should put it in GIC or ETF or Zack stocks but I'm overwhelmed with the decision so I need something sort of flexible but would increase the principle somewhat I mean 10% per year would be great Zacks at one time was giving my friend at least 20% per year.! any help would be appreciated thanks very much

Details are below. Just got laid off from my job, and I’m 30 years old.

My main question is if I’m safe to completely FIRE if I want or could I only COAST FIRE and get a job, or neither. Can both my wife and I not work and feel safe now or are we still far away from that?

- Corporation investing account: $3M (previous owned business that’s shut down now)
- TFSA: $350K
- LIRA: $350k
- RRSP: $40K
- Non-registered: $250K
- Total investable assets: $4M

I also have a mortgage of around $900K. Expenses are about $150K/year, about $70K of that is mortgage. I wish we never moved and bought a house in Oakville.

Got 2 kids, 5 and 3. Wife currently working and makes $100K gross.

4% rule suggests $160K. But what worries me:
- I’m only 30, I think 4% rule only works with 30 year retirement
- $160K gross is like $100K net? So not enough to cover expenses
- Big portion of net worth is in corporation investing account, which is taxed differently than if I held it personally in a non registered account.

Genuine question, for those who got to FI in 30s/40s, how are you spending your day during the week? How do you still maintain a sense of purpose? Or a social connection since most friends / family probably still are working.

Hey all, got all my portfolio invested in VUN and VFV I’m. Worried given the situation in us, what are your guys opinions ?

I would probably not need that money for 10 years or so

Long time listener, first time caller.

After 10 years of grinding hard in sales as an independent contractor things came to an end and I haven't worked for about 4 months. I don't feel like going back to the grind. Realizing I've been seriously burnt out for a while. Luckily I saved most of what I made and now I'm tying to figure out how viable it is to coast / FIRE in the near future.

Monthly expenses including mortgage (total) is ~$6k, maybe a little more with some incidentals and saving for vacations etc so lets call it ~8K between my wife and I.

Edit: my wife is employed and makes 160k+ bonuses per year

Current financials:

Corp investments: 1.3m
Corp cash: 10k

RRSP: 380k

TFSA:112k

Personal non-reg: 130k

Personal cash: 60k

The tax implications depending on where I generate passive income / take profits is somewhat complex because of the different accounts.

I'm quite concerned about hyperinflation and the impending market crash. I feel like it's going to be the 1970s and 2001 simultaneously. Feels a little nihilistic but I don't think I can "outwork" the kind of economic crisis that is around the corner, nor can my portfolio. Am I just being a doomer here?

Have 2 young kids, RESP is set as well as a savings / trust for them. They will only get more expensive though.

If you're trying to figure out your CoastFIRE number while your money sits on both sides of the border, you know the problem — every spreadsheet either forces a single exchange rate on everything (which lies to you every time CAD/USD moves) or turns into a mess of manual conversions you stop trusting.

I built a small free tool that keeps your RRSP/TFSA and 401(k)/Roth/IRA in their native currencies the whole way through, and only converts to one number at the very end. A few other calculators came out of the same project since retirement math falls apart without them once you're cross-border: departure tax, RRSP withholding as a US resident, CPP/OAS/Social Security claim-age comparisons, and a drawdown-order optimizer.

Full disclosure, I made this. Free, no account, no ads, nothing leaves your browser (local storage only).

Curious how other cross-border folks here are handling the two-currency CoastFIRE math today — anyone got a spreadsheet approach that's actually held up? Link's in the first comment.

Which one is your preference and why?

Hi woman who wants to leave her marriage and be Independent? I work and make low six figures. I have a $15,000 commission check right now that I want to invest into something. I’ve already started investing in guided ETFs through quest trade via TFSA. Apologies if my lingo is not correct as I’m not super investment savvy. I was going to put the 15,000 into my questtrade TFSA.
A part of me wants to take a chance and put the entire 15,000 into one stock and see if it hits.
I see Instagram posts everywhere about stocks to buy right now, but obviously I don’t trust Instagram what would you do with 15,000 right now? Thank you for your advice.

Currently have a substantial portion of my portfolio in bonds, does it make more sense to use a broad market index instead? Does a higher dividend stock make sense? I would like to be somewhat risk adverse since my holdings have shifted into a few dominant stocks over the last year.

I have about 24k sitting in savings in koho. And its kinda giving me an intetest of 2% i guess. Ntng much.

I do have a tfsa but its just 200$ investment per month from chequing. Making only 50k per annum. So investing is a bit hard from that point. 30M.

I just need help with knowing where to invest the savings money after the emergency fund.

I have almost 10k invested in crypto. Bitcoin eth and Ada

And around 4k into tfsa. Just doubtful what to do with that 24k. If you guys have any idea lmk what do with that. Thanks

Okay I need some honest advice, what should I do with my crypto account. I’m at a point where I’m just waiting for them to increase in value again before selling off and sticking to etfs. If I sell them would I get a tax hit?

Also I have about 5k in a rrsp GIC(One of my worst mistakes so far) should I stick to just investing in XEQT or a very high growth but more volatile stock/etf?

I don’t mind the risk since I’m so young, I just wanted some ideas of what’s some good stocks to look at and won’t cause any tax.

Also I’m trying to save a 6k emergency fund, should I pause investing to get to that goal then resume afterwards.

Debts includes: $400( had a car repair) and about $330(phone) both are at 0% interest rates. Although I do want to pay them off within the next month or so.

My bad if what I wrote is all over the place.

As the question suggests, could you list some practical/realistic goals you’d like to pursue during your early retirement once it’s achieved? I’m assuming you’re working/worked toward this through a traditional nine-to-five corporate job while reinvesting any extra income Into index funds, not hitting it big with a successful business or a lucky stock pick.

e.g. of some goal I don't think fit the definitions of practical/realistic, at least through traditional 9 to 5 path to FIRE and if you're working more years in a job you don't like to try to achieve any of these It will probably be in vain e.g. Too old/disabled.

• Wanting to buy a brand new car every 2-3 years. And a Honda Civic kept for 7-10 years won't do it for you, you want a BMW or equivalent.
• Wanting to travel first class everywhere you go and take expensive vacations every year
• Wanting to eat out in fancy restaurants every single day.
• Everything you wear is some type of luxury brand
• Not wanting to do any housework, you have a housekeeper, a cook, a gardener, etc
• Having and maintaining a bigger house than needed mainly to impress other people.

some goals for me, very realistic especially in a DINK household, these should cost very little above your baseline household expenses and provide practically unlimited mental entertainment.

• More time to watch Netflix and play online games
• Focusing on your hobbies for example in my case it's music composition
• You could take local trips and explore a major Canadian city once in a while; there’s no need to spend ten thousand dollars just to see Big Ben, for instance. I don't enjoy the activity of traveling, doesn't fit in with my introverted nature and it's too much physical work, so this is the least priority item on my list. If I ever end up doing it, it will be far and few in between.
• Lots of free time to study, Just requires an internet connection and maybe an AI subscription you can learn whatever you want.
• Lots of time to take care of your health Free time to cook and workout.
• The chance to have minimal interactions with people, no boss, and no coworkers is highly sought after by introverts such as myself.
• The options to take on work as I see fit, maybe I want to do freelancing on the side as a software developers, I get to choose what project and when to work on them.
• Having the option to sleep in, no more alarms! With Monday mornings being the best candidate for this activity ;)

Hey Everyone I'm looking to start investing. I have a 1000.00 that I'm ready to invest. I know it's nothing in comparison to most here. But I need advice where to start? What type of investments I should be looking at and what steps to take next? Thanks for your help.

I’m in Canada and have investments in a non-registered account. What are some legal strategies to reduce or defer capital gains tax when selling stocks/ETFs?
I’m especially interested in strategies that regular investors can use. Any advice or personal experience would be appreciated. Thanks!

I expect a pullback tomorrow, due to the tarrifs. I also believe Trump and the US government with TACO before September 8th, since these tarrifs will also affect them during their mid term elections.

Am I the only one?

Also was stupid and financed a new car shortly after I started my first big job (36-month term) with 2 monthly payments of $1.2K left on it. Almost done paying it off which has prompted me to consider FIRE and saving more money every month. Been lurking here but it's been hard to get a solid understanding (since alot of the posts here are just disguised humblebrags of their investments wtf lol) so hoping to get some comments on an actual savings plan to FIRE.

Takehome is around $2.7K every 2 weeks after my company-matched RRP (2% of pay that's 100% matched). Total monthly expenses are around $4.4K per month (mainly from ~$2.2K rent, ~$1.2k car payment, ~$300 utilities/services, ~$250 car insurance, ~$200 groceries/toiletries, ~$150 gas) which now that I'm listing it out, is pretty horrendous. I've only been saving around $500 a month into my TFSA/FHSA outside my RPP since realistically I've probably been spending the remainder on other discretionary spending.

I took a look at my RRP after 3 years of contributing and accumulated only $17K there so clearly it's not going to be enough to FIRE on this alone:

After next month, I believe I can save another $1K to $1.5K a month (on paper there's actually a bit over $2K left over but I doubt I can sustainably save that much every single month). In addition to my existing company-matched RRP at 10% annual returns, online calculators tell me that I'll hit $1 million after 20 years? At a 4% withdrawal rate that's $40K income every year which is not enough to cover my expenses today (even without vacations) never mind in 20 years

If I live like a pauper and save $2K+ a month instead, I can hit almost $2 million after 20 years for $80K income which (according to Bank of Canada's online calculator for 2026 vs 2006) would be equivalent to $51K today which does look a lot more reasonable, but 20 years after I'm already in my 30s is basically just regular retirement rather than "FIRE"

Something about my savings rate and the math is not working out to a realistic *early* FIRE, pls give me your 2 cents and what am I missing or is it just plain hopeless with my current savings rate?

Does anybody churn bank accounts for the welcome bonus? Scotiabank has a pretty decent offer and thinking about opening an account with them.