What does financial independence mean, anyway? Last month on the Rational Reminder podcast we chatted with Jonathan Chevreau, the retired Editor of MoneySense, about his view on retirement.
We also introduced the idea of Safe Savings Rates in Episode 34 (think the inverse of safe spending rates), and spoke with Rick Ferri about what it takes to become an index investor in Episode 33.
The RRSP deadline was yesterday, but if you wish that you knew more about how the RRSP works for next year, Ben covered it in-depth in a recent installment of Common Sense Investing. Ben did another deep dive this month into Asset Allocation ETFs, where he explained why you shouldn't stress too much about premium bonds or foreign withholding tax.
+ Episode 35: Findependence: Finding Financial Independence While Still Engaging In The Things You Love [31:17]
Jonathan Chevreau has authored and co-authored many books and has contributed to The Globe and Mail, The Financial Mail, and Money Sense. Jonathan is here today to talk about financial independence and having that “findependence” while still being extremely engaged in things that you enjoy doing.
More Recent Rational Reminder Episodes
+ Episode 34: The Safe Savings Rate: Shifting the Focus Away from Wealth Accumulation [30:51]
+ Episode 33: Low Cost Index Investing with Rick Ferri [30:19]
+ Episode 32: Active or Passive Management: The Behavioural Explanations of Factors [34:29]
+ Bonus Episode: Building a Future for the City: An Interview with Mayor of Ottawa, Jim Watson [15:42]
The RRSP, or registered retirement savings plan, is a special type of account in Canada that gets special tax treatment from the Canada Revenue Agency. It is only an account. The RRSP itself is not an investment.
More Recent CSI Videos
+ One-Decision Asset Allocation ETFs (VCIP/VCNS/VBAL/VGRO/VEQT | XBAL/XGRO) [CSI Video 10:26]
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Cameron & Ben