Posts by Ed Rempel
WorthvieW article – Why Renting Could Be Your Secret to Smarter Wealth Building: Insights from Toronto-based Financial Planner Ed Rempel
Many Canadians believe homeownership is the only real path to building wealth. If you’re renting, it can feel like you’re falling behind or missing out. After decades of working with clients and studying long-term data, I don’t believe that’s true. Renting can be a deliberate and effective wealth-building strategy when it’s approached intentionally. This article…
Read MoreMONEY PIP article – How to Make Your Home a Good Investment: Financial Wisdom from Toronto-based Financial Planner Ed Rempel
Is Your Home Really a Good Investment? Most Canadians think so. My experience tells a different story. For decades, Canadians have been told that their home is their best investment. After preparing thousands of financial plans, I’ve found that this belief often leads people to rely too heavily on home equity for their retirement. The…
Read MoreWhy Monte Carlo Simulations Get Retirement Risk Wrong
Ever been terrified by those retirement calculators showing a scary chance of running out of money? That’s Monte Carlo simulations at work—spinning wild “what-if” scenarios that often paint a doom-and-gloom picture far worse than reality. In my latest video, blog post and podcast episode, we’ll debunk why most of these simulated failures could never happen…
Read MoreNational Post article: How to leave RRIF, TFSA, property and other wealth to your children while avoiding probate and minimizing taxes?
The National Post asked me to review the retirement and estate planning situation of Frank, 84, a widower in British Columbia. Frank owns his home outright, worth $1.4 million. He has about $743K in a RRIF, $265K in a TFSA, and $473K in a non-registered investment portfolio, bringing his invested wealth to $1.48 million, rounded.…
Read MoreFeel My Worth article – Why Financial Plans Fail: Insights from Toronto-based Financial Expert Ed Rempel
Most Canadians assume that having a financial plan means they’re prepared for the future. In reality, many plans fail from the start because they’re built on the wrong assumptions, not because people are careless. In my new article for Feel My Worth, I break down the biggest reasons most financial plans don’t hold up in…
Read MoreNational Post article: Couple wants to retire abroad in their 40s. Do their RRSPs, TFSAs and other investments add up to enough?
The National Post asked me to review the retirement and financial situation of Jason, 41, and Julia, 38, from Ottawa. It is an interesting story since they can retire so young at only ages 42 and 39. They have been strong savers, invest effectively, and plan to invest their entire house proceeds when they sell.…
Read MoreWorthvieW article: Why We’re Richer Today Than 100 Years Ago – Insights from Toronto-based Financial Planner Ed Rempel
Most of us know life is easier today than it was a century ago, but do we really understand why? In my latest article for WorthvieW, I unpack the hidden forces that have quietly shaped modern prosperity, and what they reveal about building sustainable wealth in the decades ahead. Inside, you’ll discover: When you zoom…
Read MoreExponential Thinking – How Major Wealth Happens
Your investments may grow a bit each year, but have you wondered about how some people grow major wealth? Instead of growing 10%, how can they be 10 times larger? Many ordinary people build up millions of dollars, without having a high income or inheritance. How does that happen? It’s because real wealth doesn’t grow…
Read MoreYour FREE passes: See my talks at the #1 online event – Canadian Financial Summit 2025
The online Canadian Financial Summit is coming up the week of October 22-25. It’s the #1 personal finance event of the year. As a reader of the Unconventional Wisdom blog, here are your FREE passes for a limited time. With these FREE passes, you can watch all the talks for 48 hours. You can also offer your friends and…
Read MoreEarning Diary article: Ed Rempel on Why the 4% Rule May Be Holding Back Your Retirement Income
I was recently featured in Earning Diary discussing one of the most common and potentially misleading rules in retirement planning — the 4% Rule. After analyzing 146 years of market history, my research shows that this rule can actually hold many retirees back. Here’s what I found: Retirement planning is too important to rely on…
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