The retirement rule of 20

Rob Carrick's Personal Finance column in the Report on Business of Thursday June 4 2009 contained an interesting idea about how much money you need to fund retirement: for every dollar of income you need to live on, you should have $20 saved when your retire. There were a few flaws in the return assumptions used by Russell Investment Canada and in the split between bonds (65%) and stocks, in my view, but hey, we are after ideas. And, if you have not retired yet, the column contains ideas on the topic.

http://www.theglobeandmail.com/globe-investor/investment-ideas/a-rule-for-funding-golden-years/article1168107/

'Death unleashes goodwill…' tips to avoid family feuds June 5 2009, John Heinzl's column has good ideas on estate planning:

http://www.theglobeandmail.com/globe-investor/investment-ideas/personal-finance/death-unleashes-goodwill-mean-spiritedness/article1170027/

Reading both Carrick and Heinzl regularly will give you most of the ideas needed for investment and financial planning. They both know their 'stuff'.

comments/the_etirement_rule_of_20.txt · Last modified: 2012/10/31 14:52 by tom
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