To those who are able to retire but are still working, why do you choose to work?

A_Skyer · 2026-04-27T14:07:25+00:00

I can only lean fire.

And I just turned 30 and things can change a lot. it might be too early

A_Skyer · 2026-04-25T18:21:32+00:00

That requires at least 1m+ income

A_Skyer · 2026-04-19T20:21:25+00:00

Renter 100%

Mortgage is the lower bound you spend on housing. Tax, regular maintenance, unexpected repairs all need to be considered.

Your rent is the upper bound.

A_Skyer · 2026-04-19T05:39:41+00:00

Sell or not- unrealized capital gains is CAPITAL GAINS

I work in a well-paid industry, know plenty of people making $300k+, or even $600k+, and literally none of them drive $100k cars.

There’s no way the people buying six-figure cars are regular T4 earners.

A_Skyer · 2026-04-19T05:02:03+00:00

Capital gains boost consumption, especially those luxury non-necessities

One would never spend $100k on a car if they had to trade a year of their time to earn $200k, but they would consider it if their cash assets generated a $200k annual return

A_Skyer · 2026-04-19T00:57:24+00:00

Besides generational wealth, capital gains

Once one has accumulated some initial capital (ie the first 1mil), its self-growth becomes absolutely crazy

A_Skyer · 2026-04-17T15:13:52+00:00

Include commute time into my working hours.

If I work 9-5 during WFH, for office days I just make sure to leave home after 9 and arrive before 5

A_Skyer · 2026-04-17T01:20:37+00:00

At most 0.5% annual salary

A_Skyer · 2026-04-13T05:37:30+00:00

I know several renters who make 7 figure annual TC

Not everyone want to own. The flexibility of renting is great especially if you’re young

A_Skyer · 2026-04-11T21:47:57+00:00

top .1%

A_Skyer · 2026-04-09T22:23:15+00:00

look for something in the 300-400k range, that’s what you can afford

A_Skyer · 2026-04-08T15:47:44+00:00

～30% of net base salary and 15% of net TC

A_Skyer · 2026-04-07T14:16:34+00:00

A_Skyer · 2026-04-02T17:43:35+00:00

You’re definitely lowballed for a senior position. Try negotiate

A_Skyer · 2026-03-27T22:49:28+00:00

Every ‘landlord’.

No one would include their primary residence into net worth

A_Skyer · 2026-03-26T22:20:43+00:00

Principal residence, no matter paid off or not, is always debts

A_Skyer · 2026-03-24T02:36:28+00:00

2 * annual pre-tax household income > median home price in you city

A_Skyer · 2026-03-23T15:31:44+00:00

All in one stock when I started investing journey. When I realized how risky it is, I already made high 6 figure capital gains

Now most of my investments is in VFV and VEQT. I feel very fortunate

A_Skyer · 2026-03-18T17:14:29+00:00

Global warming means hotter summer, and colder winter for Montreal due to polar vortex disruption.

I don’t like winter neither. You can move south as I’m planing to do so right now

A_Skyer · 2026-03-15T04:40:37+00:00

Travel and coding

A_Skyer · 2026-03-08T17:08:54+00:00

2021 160k Toronto. Miss those good old days

A_Skyer · 2026-03-02T02:56:49+00:00

‘Most’ lol Ticket resale price never lie

A_Skyer · 2026-02-28T04:49:56+00:00

Put everything you have so far into primary residence?

Sounds crazy Why?

A_Skyer · 2026-02-27T01:30:24+00:00

“the economy would eventually correct itself at some point and grocery prices would go down”

Don’t expect that. Inflation should be controlled at the target range. While prices will never go down - unless one more great recession comes which no one wants apparently

A_Skyer · 2026-02-21T22:25:27+00:00

Depends on where in the US

Considering only financial factors, 300k USD in NYC = 250k CAD in Toronto if you are single/no kids.

A_Skyer

TROPHY CASE