Does Forced Saving Work ?
Forced savings or automated saving systems are the best way to make sure you are saving enough money for future needs (like retirement). You need to hide money from your present self to help your future self thrive.
Forced savings or automated saving systems are the best way to make sure you are saving enough money for future needs (like retirement). You need to hide money from your present self to help your future self thrive.
Michael James told me about a booklet entitled If You Can How Millenials Can Get Rich Slowly by William J. Bernstein (ASIN: B00JCC5JKI) (Publisher: Efficient Frontier Publications ) (the Amazon Kindle link is included as… Read More »If You Can: How Millenials Can Get Rich Slowly (A review)
The 4% draw down theory for withdrawing money from your RIF (your RRSP once you have changed it) has some interesting issues if you live too long.