Comments on: Book Giveaway Winners of the Book RRSP’s http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm Building Wealth through Saving and Investing Fri, 19 Mar 2010 14:51:06 -0400 http://wordpress.org/?v=abc hourly 1 By: Telly http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm/comment-page-1#comment-25785 Telly Mon, 18 Feb 2008 14:39:00 +0000 http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm#comment-25785 Thanks for clearing that up Aaron! I know a guy whose name is spelled Erin and well, the rest was based on an assumption. Sorry...you know what they they say about ASSuming. ;) Anyway, keep up the great work! Thanks for clearing that up Aaron! I know a guy whose name is spelled Erin and well, the rest was based on an assumption. Sorry…you know what they they say about ASSuming. ;)

Anyway, keep up the great work!

]]> By: RacerX http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm/comment-page-1#comment-25751 RacerX Mon, 18 Feb 2008 02:12:31 +0000 http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm#comment-25751 Very impressive story. They are really on an amazing path to be totally free of the debt chains! Very impressive story. They are really on an amazing path to be totally free of the debt chains!

]]> By: Aaron http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm/comment-page-1#comment-25746 Aaron Sun, 17 Feb 2008 22:44:30 +0000 http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm#comment-25746 Neosaver: No, I haven't consider incorporating children into my financial plan as we do not plan on having any. While we've been "trying" for years, neither of us are pregnant yet. ;-) However, I did consider different scenarios. While we haven't completely committed to any specific scenario, it doesn't make any difference in the short term planning. Scenario 1 (current plan): 10 years to retirement We very recently moved to Calgary from Saskatoon. House will be paid off in 10 years at which time we will retire. We will downsize to an apartment in Saskatoon (near family) and travel ~6 months/year. (Actually, two years ago we had a mini-retirement: We quit our stable jobs, sold our house, and travelled South America for 8 months. We'd love to travel like that every year. BTW, travelling can be much cheaper than sitting at home in a house in Canada just watching TV all day.) Scenario 2 (possible alternative, depends on my parent's health and on the needs of my disabled sister): 17 years to retirement If we do choose not to downsize, then retirement will be ~17 years away. In 17 years, sell house in Calgary and buy house in Saskatoon (again, to be near family). Travel would be limited. I can easily imagine that by adding kids into the equation that one would not want to downsize. In that case, retirement wouldn't start for a lot more than 17 years from now. Neosaver: No, I haven’t consider incorporating children into my financial plan as we do not plan on having any. While we’ve been “trying” for years, neither of us are pregnant yet. ;-)

However, I did consider different scenarios. While we haven’t completely committed to any specific scenario, it doesn’t make any difference in the short term planning.

Scenario 1 (current plan): 10 years to retirement
We very recently moved to Calgary from Saskatoon. House will be paid off in 10 years at which time we will retire. We will downsize to an apartment in Saskatoon (near family) and travel ~6 months/year. (Actually, two years ago we had a mini-retirement: We quit our stable jobs, sold our house, and travelled South America for 8 months. We’d love to travel like that every year. BTW, travelling can be much cheaper than sitting at home in a house in Canada just watching TV all day.)

Scenario 2 (possible alternative, depends on my parent’s health and on the needs of my disabled sister): 17 years to retirement
If we do choose not to downsize, then retirement will be ~17 years away. In 17 years, sell house in Calgary and buy house in Saskatoon (again, to be near family). Travel would be limited.

I can easily imagine that by adding kids into the equation that one would not want to downsize. In that case, retirement wouldn’t start for a lot more than 17 years from now.

]]> By: neosaver http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm/comment-page-1#comment-25740 neosaver Sun, 17 Feb 2008 22:04:26 +0000 http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm#comment-25740 No kids? Did you ever create a plan to consider the fact if you did have 1 or 2 children? I wonder how much it would push out the retirement age. No kids? Did you ever create a plan to consider the fact if you did have 1 or 2 children? I wonder how much it would push out the retirement age.

]]> By: Dave http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm/comment-page-1#comment-25638 Dave Sat, 16 Feb 2008 05:20:57 +0000 http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm#comment-25638 Great plan Aaron! I like the simple asset allocations you and your husband have. I been running through different allocation scenarios and wondering how to divide things between my wife and I. My meager RRSP savings are on hold this year as my wife is going to teacher's college in the fall and we're saving every penny for it as to not go further into debt (we still have her student loan to pay from her university degree). Oh... thanks for the clarification in your last comment, I was scratching my head wondering why your parents would misspell your first name. :) Great plan Aaron! I like the simple asset allocations you and your husband have. I been running through different allocation scenarios and wondering how to divide things between my wife and I.

My meager RRSP savings are on hold this year as my wife is going to teacher’s college in the fall and we’re saving every penny for it as to not go further into debt (we still have her student loan to pay from her university degree).

Oh… thanks for the clarification in your last comment, I was scratching my head wondering why your parents would misspell your first name. :)

]]> By: Aaron http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm/comment-page-1#comment-25632 Aaron Sat, 16 Feb 2008 02:49:53 +0000 http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm#comment-25632 Thank you for the comments. It is very encouraging to read these comments as it does take some guts to take control of your very own finances. Telly: I actually already won the book through Canadian Capitalist's blog. Oh yeah, I'm not a woman. :-) Thank you for the comments. It is very encouraging to read these comments as it does take some guts to take control of your very own finances.
Telly: I actually already won the book through Canadian Capitalist’s blog. Oh yeah, I’m not a woman. :-)

]]> By: Telly http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm/comment-page-1#comment-25610 Telly Fri, 15 Feb 2008 19:24:31 +0000 http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm#comment-25610 That is indeed a very impressive story / comment. Aaron is a well deserved winner but it's also not surprising that she already owns the book. That is indeed a very impressive story / comment. Aaron is a well deserved winner but it’s also not surprising that she already owns the book.

]]> By: CheapCanuck http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm/comment-page-1#comment-25603 CheapCanuck Fri, 15 Feb 2008 17:18:34 +0000 http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm#comment-25603 Wow! That must have been a lot of work, filtering through all the comments you get here! Congratulations to the winners. Can't beat free stuff. Wow! That must have been a lot of work, filtering through all the comments you get here! Congratulations to the winners. Can’t beat free stuff.

]]> By: FrugalTrader http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm/comment-page-1#comment-25592 FrugalTrader Fri, 15 Feb 2008 14:37:56 +0000 http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm#comment-25592 Aaron already owns the book, so I chose the next best comment. The winner is... DOM! Aaron already owns the book, so I chose the next best comment. The winner is… DOM!

]]> By: Dividendgrowth http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm/comment-page-1#comment-25590 Dividendgrowth Fri, 15 Feb 2008 14:08:53 +0000 http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm#comment-25590 FT, I like your way of getting traffic for the website by giving free books. BTW Congrats to the winners. FT, I like your way of getting traffic for the website by giving free books.
BTW Congrats to the winners.

]]> By: WhereDoesAllMyMoneyGo.com http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm/comment-page-1#comment-25589 WhereDoesAllMyMoneyGo.com Fri, 15 Feb 2008 14:05:15 +0000 http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm#comment-25589 Hi FT - thanks for running your contest and review. Congratulations to all the winners! Hi FT – thanks for running your contest and review. Congratulations to all the winners!

]]> By: George http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm/comment-page-1#comment-25583 George Fri, 15 Feb 2008 13:17:12 +0000 http://www.milliondollarjourney.com/book-giveaway-winners-of-the-book-rrsps.htm#comment-25583 Congrats to the winners! Congrats to the winners!

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