Retirement

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Cheap, Fun, And Practical Buys With Your Stock Market Returns

Cheap, Fun, And Practical Buys With Your Stock Market Returns

With another strong year in the stock market, it’s time for investors to celebrate! While marveling at the growth of your portfolio is satisfying, a more rewarding way to celebrate is to actually spend some of those phenomenal returns on things that bring joy and fulfillment. Stocks, by themselves, provide no utility. We invest in […]

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Couple who developed long-COVID wonder how to manage  million portfolio

Couple who developed long-COVID wonder how to manage $2 million portfolio

A big family with children, grandchildren and great-grand-children all doing well, an active retirement with travel and sports and no financial worries – Paul and Jennifer* were enjoying life until about a year ago. That’s when the longtime married couple, both in their 70s, developed long-COVID and everything changed. Read More https://financialpost.com/personal-finance/family-finance/long-covid-2-million-portfolio #financialfreedom #money #entrepreneur

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Capitalizing On The Return To Office: Big City Real Estate Insights

Capitalizing On The Return To Office: Big City Real Estate Insights

Real estate is inherently local, with property values closely tied to the economic drivers and characteristics of specific regions. While understanding the national housing price forecast for 2025 provides valuable context, savvy investors should focus on identifying cities and states with stronger growth potential. After all, outperforming the market is just as important as generating

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FP Answers: How can I maximize dividend income so as to maximize CPP and OAS in retirement?

FP Answers: How can I maximize dividend income so as to maximize CPP and OAS in retirement?

Consider instead maximizing your investment growth and sell your investments to supplement your income, expert suggests https://financialpost.com/fp-answers/fp-answers-how-can-i-maximize-dividend-income-so-as-to-maximize-cpp-and-oas-in-retirement #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

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2025 Housing Price Forecasts: Continued Strong Gains

2025 Housing Price Forecasts: Continued Strong Gains

Now that I’ve shared the 2025 S&P 500 target price forecast, let’s dive into housing price forecasts for 2025. The outlook from housing analysts is positive, with expected gains ranging from -0.4% to 10.8%, and an average of about 3%. The only negative housing price forecast comes from Moody’s, which predicts a slight decline of -0.4% largely

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Opinion: Everyone benefits from an expanded Seniors’ Tax Credit

Opinion: Everyone benefits from an expanded Seniors’ Tax Credit

Michael Brooks: Net benefit is undeniable: significant long-term savings for Ontario and improved care for Ontario seniors https://financialpost.com/personal-finance/everyone-benefits-expanded-seniors-tax-credit #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

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Maximizing Tax-Free Income and Withdrawals In Retirement

Maximizing Tax-Free Income and Withdrawals In Retirement

There’s a lot of enthusiasm for Roth IRA conversions and Mega Backdoor Roth IRAs—and for good reason. Paying taxes upfront on your retirement accounts can be a savvy move, especially if you’re in a mid-to-lower federal income tax bracket, as it allows for tax-free withdrawals in the future. That said, thanks to the latest standard

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How One Lucky Financial Break Can Change Everything For Good

How One Lucky Financial Break Can Change Everything For Good

I firmly believe that above-average wealth is largely a result of luck. If we fail to recognize our lucky financial breaks, we risk confusing our abilities with good economic times. This overconfidence can lead to poor decisions and increase the likelihood of financial ruin. Since starting Financial Samurai in 2009, I’ve witnessed fortunes rise and fall. Time

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The Santa Claus Rally Phenomenon And Its Origins

The Santa Claus Rally Phenomenon And Its Origins

The Santa Claus Rally refers to a historically observed stock market phenomenon where U.S. equity markets tend to perform well during the last five trading days of the year and the first two trading days of the new year. Historically, the average gain during this seven-day period is around 1.3%. As time has gone on, largely thanks to

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Mega Backdoor Roth IRA: Supercharging Your Retirement Savings

Mega Backdoor Roth IRA: Supercharging Your Retirement Savings

Ever since I started saving for retirement in 1999, I’ve been a proponent of tax-deferred retirement vehicles like the 401(k) and skeptical of tax-now vehicles like the Roth IRA. Working in banking, I was already being taxed out the wazoo and had no desire to pay even more. Frankly, I wasn’t even familiar with the

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Canada Post strike ‘threatens’ seniors’ subsistence, leaves passport applicants in limbo

Canada Post strike ‘threatens’ seniors’ subsistence, leaves passport applicants in limbo

Older Canadians among those who depend most on traditional mail to receive pension cheques, medication and bills https://financialpost.com/personal-finance/canada-post-strike-threatens-seniors-passport-applicants-in-limbo #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

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This B.C. couple wants to carry a monster mortgage into retirement

This B.C. couple wants to carry a monster mortgage into retirement

Leo and Siobahn now pay almost $13,000 a month in expenses and a third goes to debt https://financialpost.com/personal-finance/family-finance/b-c-couple-monster-mortgage-retirement #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

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A Net Worth Equal To 25X Expenses Is Not Enough To Retire Early

A Net Worth Equal To 25X Expenses Is Not Enough To Retire Early

Being financially independent means having enough passive income to cover your essential or desired living expenses. A common guideline is to aim for a net worth equal to 25 times your annual expenses, often used as a baseline for achieving financial independence. However, this approach is overly simplistic because it depends on the composition and

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FP Answers: Should I get back into the market at age 71 after I got scared and pulled out?

FP Answers: Should I get back into the market at age 71 after I got scared and pulled out?

B.C. couple living on disability and government pensions wonders if they should up their risk https://financialpost.com/personal-finance/retirement/should-i-get-back-into-market-at-71 #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

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The 4% Rule: Clearing Up Misconceptions With Its Creator Bill Bengen

The 4% Rule: Clearing Up Misconceptions With Its Creator Bill Bengen

I had the pleasure of speaking with Bill Bengen, creator of the “4% Rule” for retirement planning. Bill has been a reader of Financial Samurai for many years and has always been courteous in the comments section when I write about safe withdrawal rates. So, I figured it was time we had a chat to

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The Power Of Losing: How Setbacks Can Lead To Success

The Power Of Losing: How Setbacks Can Lead To Success

One reason many people shy away from competition is that they dislike losing. With often only one winner, the sting of defeat can feel too humiliating. When people stop competing, they can become more fragile over time, to the point where even small setbacks can disrupt their well being. Ironically, the best path to victory

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2025 401(k) Contribution Limits: Bigger Savings, Better Retirement

2025 401(k) Contribution Limits: Bigger Savings, Better Retirement

The 401(k) contribution limit for employees in 2025 has increased to $23,500, up from $23,000 in 2024. The employer contribution limit also rises to $46,500, bringing the combined employee and employer 401(k) contribution limit to $70,000 for 2025. Don’t underestimate the power of employer 401(k) contributions, especially as you advance in your career. As you

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Dear Gen Z: Here’s what you need to know about the Canada Pension Plan

Dear Gen Z: Here’s what you need to know about the Canada Pension Plan

John Graham: Younger Canadians will live longer, making pension savings even more important https://financialpost.com/personal-finance/gen-z-canada-pension-plan #financialfreedom #money #entrepreneur #business #finance #investing #financialliteracy #success #investment #wealth #motivation #financialindependence #passiveincome #personalfinance #realestate #stockmarket #debtfree #entrepreneurship #invest #bitcoin #creditrepair #debtfreecommunity #investor #trading #workfromhome #stocks #credit #financialeducation #bhfyp

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Four Years Later, You’re Likely Way Better Off Than You Think

Four Years Later, You’re Likely Way Better Off Than You Think

Every time a political candidate asks if you’re better off than four years ago, I can’t help but sigh. The implication, regardless of party, is always that you’re worse off and that they are the answer to your problems. The Democrat says things went downhill under the Republican, and the Republican says the same about

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2025 Tax Brackets: New Ideal Incomes For Workers And Retirees

2025 Tax Brackets: New Ideal Incomes For Workers And Retirees

The IRS has announced new income limits for its seven tax brackets for 2025, with income thresholds increased by about 2.7% to adjust for inflation. This follows a 5.4% increase in 2024 and a historically large 7% bump in 2023. Reaching a top one percent income is becoming more challenging given the threshold keeps increasing

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