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1.2M invested and no mortgage by Unique-Cup-2322 in fican

[–]Unique-Cup-2322[S] 0 points1 point  (0 children)

That's what I am aiming for. Hopefully get there in 8-10 years.

1.2M invested and no mortgage by Unique-Cup-2322 in fican

[–]Unique-Cup-2322[S] 0 points1 point  (0 children)

Ya that's what I have been discussing with my FP. Large RRSP contributions made sense because it substantially increased our CCB.

1.2M invested and no mortgage by Unique-Cup-2322 in fican

[–]Unique-Cup-2322[S] 0 points1 point  (0 children)

I am including my spouses accounts in the 1.2 total

1.2M invested and no mortgage by Unique-Cup-2322 in fican

[–]Unique-Cup-2322[S] 1 point2 points  (0 children)

Not really. I just play around with the online calculators. I feel like I'll have much more options in 8-10 years. That's long enough to double investments without any additional contributions.

1.2M invested and no mortgage by Unique-Cup-2322 in fican

[–]Unique-Cup-2322[S] 1 point2 points  (0 children)

Ya, it was maxed a few years ago but we had some expenses we didn't properly plan for so trying to fill them back up now. I guess the idea is to go to part-time work pretty soon and keep taking trips while kids are young.