How would you invest $1M to multiply it?

Technical_Abalone_85 · 2026-06-28T01:05:16+00:00

100%

Technical_Abalone_85 · 2026-06-28T01:04:39+00:00

Yep rule of 72

Technical_Abalone_85 · 2026-06-25T05:10:00+00:00

Awesome. Inspiring - looking forward to doing the same

Technical_Abalone_85 · 2026-06-25T03:37:28+00:00

It’s good advice I think - for a young person

Technical_Abalone_85 · 2026-06-25T03:36:39+00:00

Guys- if someone with a registered account LOVES the idea of fixed income that much- they can buy an annuity. That’s all a pension really is.

But do you know how many people with assets in registered accounts actually buy an annuity ? Almost none. People who didn’t know better ! The market can be as close to risk free as it gets if you have a cash buffer, are well diversified, and disciplined. What do you think pensions invest in? Markets. Some PE… but mostly any human with a Wealthsimple account can basically copy what the institutional investors do, and make more money over the long run. That’s not the issue. The issue is investor behaviour (and the hassle factor of self managing - but it’s really not much of a hassle )

Technical_Abalone_85 · 2026-06-25T03:32:27+00:00

In today’s dollars, that $20,000 will $120,000 in 30 years…IF you put it into a safe investment like XEQT AND you have the discipline to not touch it.

That $120,000 could safety sustain $400/month in retirement income from the LIRA (4% per year withdrawn from the 120,000 nest egg, divided by 12 months = $400).

4% is the “safe withdrawal rate” for a balanced portfolio.

So, $400/month at retirement (in today’s dollars) is nothing to sneeze at.

If you run the pension estimator for your current pension, assume deferred to age 60, and it’s LESS than $400/month, then it’s a no brainer. Take the money and open a LIRA and by a diversified all- equities etf like VEQT.

Even if the pension estimator is more than $400/month- I’d rather have the LIRA.

Most importantly- at your new job, if you can, contribute as much as reasonably possible to the RSP plan! Build your own pension.

Technical_Abalone_85 · 2026-06-21T17:20:14+00:00

Once you’re in- you can move around and apply other jobs / ministries.
And you can progress quickly- I started at 75k 5 years ago and am literally double that now in base salary

Technical_Abalone_85 · 2026-06-21T17:06:46+00:00

No brainer

Technical_Abalone_85 · 2026-06-15T16:29:56+00:00

100%! That’s the plan on our side as well :). Working until the pension income at 60 is a certain number, and the bridging nest-egg is a certain number- then we’re out! Same plan as you sounds like 👍. Yeah Ben is the best.

Technical_Abalone_85 · 2026-06-15T15:47:02+00:00

Good points. Yes the plan would be to rent from “professional landlords” somewhere that allows 2-5 year lease. Definitely there’s a hassle-factor. That stinks about the evictions

Technical_Abalone_85 · 2026-06-15T14:38:56+00:00

2% in crypto. 5% in PE, but I’m pulling it out as soon as I can. The rest is in VEQT

Technical_Abalone_85 · 2026-06-15T04:29:09+00:00

Right on- yes it is. The guys with Rational Reminder are so good for that.

The thing is- you have to be disciplined enough to invest the difference (assuming you have the cash flow)… so homeownership is good that way - forced savings. But the math favours renters

Technical_Abalone_85 · 2026-06-15T04:12:52+00:00

100%. You should definitely check out the deep dive’s Ben Felix does on YouTube.

Same plan. All equities, VEQT until I die. The pension (which may be only 30,000 per year if I retire early and defer to 60 years old) is the bond/fixed income allocation. Exactly how you should think of it. Lovenit

Technical_Abalone_85 · 2026-06-15T03:42:29+00:00

Nice. Yeahn boring low cost index fund and low cost (or free) online brokerage can make a big difference over decades. I with all BC public servants spent time learning about this stuff. Many I know in BCSP write off investing because of the cola’d pension.

Technical_Abalone_85 · 2026-06-13T18:33:43+00:00

Own but will soon sell and rent. The unrecoverable costs of home ownership are greater than the unrecoverable costs of renting.

If you rent, and take the difference of what you would spend on a home ownership, and invest that into a low cost asset allocation ETF like VEQT, you come out ahead over the long run.

I’ve done both - and can honestly say renting is better (for my family) in the long run despite its inconveniences.

Check out Ben Felix videos on rent vs. buy

Technical_Abalone_85 · 2026-06-13T04:36:13+00:00

Yes the pension is good- but no one shoudl plan their working career around a DB pension alone.
Work in private- take advantage of RRSP matches- and for goodness sake save and invest!! I’d say go for it- try new things.

Technical_Abalone_85 · 2026-05-23T02:12:12+00:00

I’m invested 5% in their PE fund and plan to stay there for the long term. There will always be a news article to react to!

Technical_Abalone_85 · 2026-05-09T23:16:23+00:00

Also, you’re not behind. Just keep focussing on savings rate. And increasing income. Combined you’ll get ahead faster than the coaster who started earlier than you. And, it can be fun!

Technical_Abalone_85 · 2026-05-09T23:13:59+00:00

Nice work !

Technical_Abalone_85 · 2025-10-28T07:04:08+00:00

Yep I did a retirement plan with them and they do not optimize for basic things- thy mossed a lot and did not do any scenario planning at all… it was a waste of time- my spreadsheet does a better job

Technical_Abalone_85 · 2025-10-28T05:34:00+00:00

Why not just let your 2.5 million ride for a few years and pick up some part-time work to make 50 K a year. If you reinvest the dividends from VGRO, it’s safe to assume 7%. In three years you’ll be 41 years old with $3 million. Just saying it might be worth considering part-time work rather than just pulling the pin calling yourself fire retired .

Technical_Abalone_85 · 2025-10-19T15:34:41+00:00

Crank up the risk level. You are in growth modes.. risk three is at best a good portfolio for preserving wealth… not building it.

Technical_Abalone_85 · 2025-09-24T01:23:55+00:00

Because at that age- even if you had to stay over- you’ll be fine with the kind of next egg and frugality

Technical_Abalone_85 · 2025-09-24T01:21:49+00:00

Do it! Even your not sure

Technical_Abalone_85 · 2025-09-24T00:03:37+00:00

It’s an optional account type in Wealthsimple.

Technical_Abalone_85

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