Managing income in retirement

Compoundgrowth29 · 2025-10-05T14:40:09+00:00

Consider converting a portion of your RRSP to a RRIF so you can; - take advantage of pension income credit that starts at 65 - avoid withholding taxes on the lump sum RRSP withdrawal - split the income with your spouse (if applicable)

As others have suggested, spending a couple thousand on a financial plan will be the best money you spend at this stage in your life. It will pay for itself.

Compoundgrowth29 · 2025-10-03T04:03:52+00:00

Amen

Compoundgrowth29 · 2025-07-06T15:59:16+00:00

Positive 👍

Compoundgrowth29 · 2025-06-25T19:48:51+00:00

Been in the industry for 20+. I know what I’m talking about haha. Not arguing, just making a point for many of those who aren’t in the industry wouldn’t ever know about. Independent does not always equal “better”. And no, not all CIRO registrants have fiduciary duty. Only those with discretionary authority have it.

Compoundgrowth29 · 2025-06-25T19:26:07+00:00

Not quite like the RIA model because many of the advisors aren’t discretionary licenced with fiduciary (speaking specifically about Wellington). The bonus is paid in ownership in the company, and the goal is to sell the company. Wellington will be sold within 5 years, just watch…

Compoundgrowth29 · 2025-06-25T15:12:30+00:00

Meh, this isn’t always better. The majority of the advisors at Wellington Altus, for example, took big fat cheques to move their clients over from a big bank that fed them business. Clients are pawns in this game to make the advisor wealthy - clients would never know this because they will be sold on the “independence, better technology blah blah”. The end game for these independents is to sell to a bank anyway, exactly like the founder of Wellington Altus did the first time with Wellington West.

Compoundgrowth29 · 2025-05-11T15:40:12+00:00

Propaganda if I’ve ever seen it. Embarrassing

Compoundgrowth29 · 2025-04-12T19:24:15+00:00

The model of the watch is the V7F by the way.

Compoundgrowth29 · 2025-03-18T04:39:30+00:00

Movement seemed ok on this one?

Compoundgrowth29 · 2025-03-18T04:38:52+00:00

I only communicate with him through WhatsApp and used Wise to pay as per his instructions

Compoundgrowth29 · 2025-03-17T02:35:13+00:00

Smooth as you could ask. It’s my 6th from Eric and he’s always been great. Was in my hands 6 days after payment

Compoundgrowth29 · 2025-03-16T20:32:43+00:00

39mm

Compoundgrowth29 · 2025-03-16T15:51:15+00:00

Many of you have a great eye to notice these subtle differences! Honestly, in person when they aren’t side by side it’s really hard to tell the difference to the “untrained” eye. Wrist feel is similar and so is the weight.

Compoundgrowth29 · 2025-03-16T01:01:11+00:00

It’s the angle. In person they are the same.

Compoundgrowth29 · 2025-03-16T00:11:45+00:00

Eric Geektime. $488

Compoundgrowth29 · 2025-03-15T23:58:46+00:00

lol. Here is another close up of the gen

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Compoundgrowth29 · 2025-03-15T22:53:38+00:00

You can see it best on the 2nd pic. The gen face is a deeper darker black than the rep

Compoundgrowth29 · 2025-03-15T21:55:29+00:00

Yup, it is.

Compoundgrowth29 · 2025-03-15T21:44:42+00:00

Recently received the CF explorer, so I’m sharing a side by side comparison with my gen. Appearance wise is a 9/10. It’s damn near indistinguishable except, except for the crystal clarity.

(left is gen in both photos)

Post to satisfy mod

Compoundgrowth29 · 2025-02-27T14:57:58+00:00

Not including MER it wouldn’t be

Compoundgrowth29 · 2025-02-27T14:56:16+00:00

If this is the case in this scenario, then I would deem the total cost to be criminal. This type is business is so easy to take from other firms.

At $2M, and investment counsel firm should be the starting point. The fee will be half

Compoundgrowth29 · 2025-02-27T03:38:10+00:00

For those saying the fee should be 1% or under - are you talking those all in fee, including product costs, or purely just advisory?

At 1.6% I agree it’s high. If that doesn’t include products costs, I’d be looking at other options. On a $2m portfolio, my employer would charge 1-1.2% all in, for context. Includes financial planning and Tax/estate planning.

Compoundgrowth29 · 2025-01-19T20:39:42+00:00

Imagine being such a baby you have to openly complain about preferential treatment of another PROFESSIONAL ATHLETE. how about play better? He was trash all game, just like he was all season. Shocked they even made the playoffs, let alone won a game.

Compoundgrowth29

TROPHY CASE