Posts by Ed Rempel
National Post Article: Couple shy of retirement goals with $2.1 million portfolio
The National Post asked me to review the finances of Tom and Amanda, a semi-retired couple in their early 60s, who are debt-free, own a $1.9 million home in Southwestern Ontario, and plan to spend $115,000–$120,000 annually in retirement. Tom and Amanda enjoy part-time consulting work, which brings in $24,000 annually before tax, but the…
Read MoreNew Study Supports 100% Equity Investing for Life
For years, conventional wisdom has preached the benefits of diversifying between stocks & bonds and gradually shifting to safer investments as we age. But what if these widely accepted strategies are fundamentally flawed? A newly published, high-quality study is flipping the script on traditional investment advice, making a compelling case for a 100% equity strategy…
Read MoreMonthly Fixed Pay ETFs & Funds Are a Brain Fart!
I talk with people all the time who have an ETF or mutual fund that pays a fixed monthly amount. In most cases, they misunderstand it. Most think they are receiving regular income—but chances are, it’s usually a brain fart. Many investors misunderstand how these monthly pay investments work. From covered call ETFs and dividend…
Read MoreNational Post Article: With law-school loans and divorce paid off, couple unsure how to use freed-up funds
The National Post asked me to review the finances of a remarried Edmonton couple in their 40s with four children, navigating how to use $14,000 in freed-up monthly cash flow after paying off significant debts. Daniella, a 45-year-old lawyer, earns $200,000 after tax annually and wants to build savings, invest, and eventually buy two properties…
Read MoreRRSP/RRIF Meltdown Strategies
Ever wondered how you can get the money out of your RRSP with a minimum of tax? RRSP/RRIF Meltdown Strategies can allow you to withdraw from your RRSP or RRIF and have very little income show on your tax return. However, there are some tricky complications, and these strategies are not for everyone. In my…
Read MoreHow Did the Wealthy Get Wealthy? Can I Copy Them?
In a recent video, I talked about who the poor & wealthy are and how did they get there. Today, I’m diving deeper into one crucial aspect: how the wealthy became wealthy. Can their strategies work for you? Over the years, I’ve seen the full financial picture of thousands of Canadians and read countless studies…
Read MoreLifecycle Investing: The Ultimate Strategy for Younger People – An Example
I often get asked about Lifecycle Investing and how to implement it. If you’re under 40 and saving to achieve financial independence, this might be the most powerful strategy you’ll ever learn. Lifecycle Investing has proven itself consistently over the last 150 years, increasing portfolios at retirement by an average of 63%. It has worked…
Read MoreNational Post Article: B.C. couple, both 49, wonder if retiring at 60 is possible
The National Post asked me to review the finances of a B.C. couple who are both 49-years old, wondering if they can retire at 60. George has a full-time position in the public sector, a private business and takes on consulting projects. His wife Elyse is a stay-at-home mom to their two teenage children. One…
Read MoreWho Are the Wealthy and How Did They Get Rich?
As a financial planner, I’ve had a unique view into the full financial picture of thousands of Canadians and have read countless studies. My experience spans clients of varying financial backgrounds, as well as countless conversations with readers of my blog, friends, and acquaintances. Although our clients may not represent the entire population—they tend to…
Read MoreMoney123 Article: Mortgage vs. Retirement – What Should They Do?
A married couple are homeowners who currently save $1,000 a month after paying their bills. They are wondering if they should pay down their mortgage faster or invest their savings. As a financial planner for Global News’ Money123 online email newsletter, I answer reader questions about investing, managing your finances, and planning for your future.…
Read More