Ep 26 - Can You Retire on $1M?
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About this listen
It used to be if you had One. Million. Dollars., you were rich. Now it barely buys you a half-decent house in the most expensive real estate markets in the country.
But $1M is still a lot of money, especially to folks who are just starting out. And the fact is the the typical Canadian retires with about $250k in investible assets.
So, this brings up the question. Can someone retire on a million bucks in 2026?
Bob and Nelson weigh in on that and the retirement inflation we see on social media. We break it down and reveal the actual questions one needs to answer, and how having a dollar amount in mind is only the first step towards early retirement.
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