To Barbara's credit, she realized this sort of seat - of - the - pants strategy wasn't working: with about half a million in her RRSP and
retirement approaching quickly, she knew she needed a more disciplined plan.
Not exact matches
Given our reduced risk tolerance and
quickly approaching retirement date, the biggest shift we recently made was from stocks to cash.
I have previously demonstrated that you can improve your
retirement investing skills using my Simplified
Retirement Trainer A. I learned
quickly how to beat all of the pre-defined withdrawal algorithms in my Super SVTVR Calculator L. I outperformed all fixed allocation
approaches by a wide margin.
The advantages of following Mort's
approach are: It more
quickly provides the security of debt - free home ownership, which will better enable you to weather any economic storms; in case of an emergency, the wealth in your home is more accessible than assets tied up in a
retirement plan; and while Rob's return in the 401 (k) could fall or (even turn negative), Mort's interest savings on his mortgage is guaranteed.