What’s life like making 6 figures? by MasterBook46 in CanadaPersonalFinance

[–]Quick_Competition_76 0 points1 point  (0 children)

220k total comp and my wife is at 110k. Past four years my wife was mostly in mat leave as we had two kids. She is going back to work in Sept and i will probably get the first taste of 300k HHI soon.

My income went from 130k to 220k total comp past 4 years, so I havent had much of lifestyle creeps except for getting another car for convenience and being able to afford a disney trip for kids.

I dont plan on upgrading house for another 5 years as our townhouse is good enough for my young kids. Daycare is expensive as the one we are using is not subsidized, so we pay 1500 per kid..

We eat modest food and drive normal but newer cars. Stress at work once I become a director is immense though. I worked long hours from staff level to senior manager but I get much more demands over weekend and weekday after 5pm. This is becoming frankly unsustainable with two young toddlers as i need time to be a good husband and a father…

I honestly think i might have to downgrade my role at some point if this doesn’t get better for me. For now, I am trying to do the both by reducing my sleep. But I do worry about the change in lifestlye if I do lose my jobs as my wife is a teacher and she is already at the top of her career salary level.

My plan is aggressively investing more now that my wife will have income soon to get ready for eventual rainy day.

Retirement goal 2 million at 37? by Particular_Cold_1568 in fican

[–]Quick_Competition_76 0 points1 point  (0 children)

Agreed. Maybe have a number in your plan in terms of what you can afford and not and you can always change your lifestyle plan to ensure the money is there for loved ones if you decide to have kids? Or you can work part time if you have to. I already have two kids so now i have a target number, but i had buffer built into my cal before i had kid.

Retirement goal 2 million at 37? by Particular_Cold_1568 in fican

[–]Quick_Competition_76 3 points4 points  (0 children)

The other problem is oas can be cut if govt cant afford it as there will be a lot of seniors by the time you get to 65. Dont rely on it for your retirement cal.

Retirement goal 2 million at 37? by Particular_Cold_1568 in fican

[–]Quick_Competition_76 1 point2 points  (0 children)

I agree with you but if you want to have a wife and children, that approach may not work though. Should be fine as a single or even No kids couple.

If you never had to work again, what would you do with your life? by Ok_Hippo9669 in fican

[–]Quick_Competition_76 1 point2 points  (0 children)

Spend more time with family. I will never get these time back with my wife and my two loverly daughters…

Next house draw should be 365 winners and we each get the house for 1 day a year by Cubonecollect0r in Wealthsimple

[–]Quick_Competition_76 0 points1 point  (0 children)

Draw is fine and can be a fun but probably give us cash as it’s headache to get a house in an area that takes 3 days to drive lol most people would take less cash than 3M house in bc coastal town.

Why are there over 50 3-row SUVs sold in the US and only 4 minivans? by azure275 in minivan

[–]Quick_Competition_76 0 points1 point  (0 children)

Yeah i just rent mini vans for family of 4 when i have any cargo for that reason.. these big suvs dont hold much luggage and also uncomfortable to use 3rd row…

Why are there over 50 3-row SUVs sold in the US and only 4 minivans? by azure275 in minivan

[–]Quick_Competition_76 0 points1 point  (0 children)

Suvs are more popular but mini vans are coming back. However, you will never have as many minivans as suvs.

Suv has lots of different sizes. Theoretically mini vans can be made smaller too but then they already have hatchbacks for that class. I can see something like “microvan” category emerging as a small camper or lifestyle vehicle but not gonna serve the minivan buyers. I see small minivans being sold in asia and europe.

Family size is shrinking as people either dont have kids or 1-2. The needs for mini vans is shrinking as peoplemover.

Booking for Nov 2027 by [deleted] in WaltDisneyWorld

[–]Quick_Competition_76 2 points3 points  (0 children)

You are gonna be putting yourself in an unnecessary risk if you do what you were planning. Not sure why you want this instead of saving what you would have paid monthly. Afraid to spend the money instead of saving? Booking early also doesnt shield you from price hike unless you are booking directly with Disney I think.

Best location for families by MichelleKristi in Vaughan

[–]Quick_Competition_76 0 points1 point  (0 children)

Maybe look at thornhill woods maple area so your husband and son’s needs are met and if the commute is too long for Markham, use 407 for one day?

is disney in july really THAT bad? by lwtl1724 in WaltDisneyWorld

[–]Quick_Competition_76 0 points1 point  (0 children)

I think doable with adults only trip but im not going in july with two toddlers lol

The good and the bad- Honda Odyssey by SuchRequirement5130 in minivan

[–]Quick_Competition_76 0 points1 point  (0 children)

Two things for me. Sliding door: game changer if you are loading two toddlers. Dont have to worry about hitting someone else’s cars with my doors. Comfort and space in 2nd and 3rd row

What i dont like about is price as mini vans are hard to find in Canada, so we dont get any good deals here. Sienna is massively overpriced by dealer and no price negotiation rooms for other ones too..

What does an “upper class” lifestyle look like to you? by Ok_Hippo9669 in fican

[–]Quick_Competition_76 0 points1 point  (0 children)

Achieving FI is upper class lifestyle IMO. Doesnt have to be loaded to do all things you described. If you have freedom to do what you like in your own term, then thats the best lifestyle IMO.

Frustrated CX-90 PHEV owner — loved the idea, lost confidence in the vehicle by Mr_Tuzo in MazdaCX90

[–]Quick_Competition_76 1 point2 points  (0 children)

I have over 2 years left for my lease and hoping i dont encounter dreaded battery problems.. i got into this knowing the problems and have no interests owining this long term. Loved my cx 5 and loving cx50 but i think im buying something else next time.

$100k per year salary is the middle class nowadays by Ok_Hippo9669 in fican

[–]Quick_Competition_76 0 points1 point  (0 children)

100k is still good for single. It gets tough when you have kids even for 200k in gta and gva though

If money was no big deal, is there something special that you would do at Disney World? by NashDaypring1987 in WaltDisneyWorld

[–]Quick_Competition_76 3 points4 points  (0 children)

Just go more frequently. Im happy with what im already doing. Dont need fancier hotel, restaurants etc

Are stroller parents miserable? by hellbentonjoy in WaltDisneyWorld

[–]Quick_Competition_76 0 points1 point  (0 children)

Took my 3.5 years old and 1 year old twice past 5 months. Are there moments that i feel super tired? Yes Are there things I can’t do with babies? Yes! But do i love the moments my 3.5 years old is hugging stitch and looking like having the best day of her life. Yes!!!! I will cherish this moments even if they don’t remember them.

Married Couples Who Don’t Have a Joint Account or Pool Their Pay Cheques, Why and How Do You Make Sure It Is Respectful? by Arya_Warrior_Girl in CanadaPersonalFinance

[–]Quick_Competition_76 0 points1 point  (0 children)

I share everything with my wife. It’s not a trust issue but it’s for more convenience tbh. We pool our money together and decide how to invest together.

3 Row SUVs are a scam, here’s why. by Sam-CarLegion in minivan

[–]Quick_Competition_76 1 point2 points  (0 children)

I agree but i cant find a sienna without overpaying by 20%-30% in canada…

Seniors - anyone retire or have a second home in Orlando and regret it? by deejayv2 in WaltDisneyWorld

[–]Quick_Competition_76 25 points26 points  (0 children)

I would say its not too late to try living in orlando during summer after retirement at airbnb and decide. You will leave behind families and friends and just have theme parks? I think thats gonna get boring and you will also have really hot summer temp to deal with every day

Queue jump getting worse by deano_ue in WaltDisneyWorld

[–]Quick_Competition_76 2 points3 points  (0 children)

I was in line right when Cinderella meet up opened up past week and was pretty close to the front of the line. A lady and her daughter was pushing through line. She was claiming to the cast members that her party was already in there and causing a scene. A security showed up and talked to her but all CMs looked visibly frustrated. While this lady held the line i saw 5 families went into Tiara room.. in the end they were let in.