Alberta man hopes $1.2-million net worth will go further in Mexico retirement
In Alberta, a petroleum analyst we’ll call Rick, age 56, wants to retire at 60 to a warm country — most likely Mexico. He earns $144,000 per year and takes home $7,260 per month. Rick moved to Canada in 2004 but his companion, Jane, 43, is not a resident of Canada and does not work, invest or receive any public benefits here — she does not even have a Social Insurance Number.
Ontario man faces pre-retirement cash crunch while paying daughter's $72K grad-school tuition
In Ontario, a man we’ll call Ken, 64, is a civil servant. His 22-year-old daughter, Rachel, lives with him while studying at grad school. Divorced not long ago, he has wound up paying Rachel’s educational expenses that run to $72,000 per year.
This Ontario couple wants to quit the rat race and transition into retirement by working for themselves
In Ontario, far from the canyons of Bay Street, a couple we’ll call Peter and Lucy, both 55, live a comfortable life in a $1.1-million house with combined after-tax income of $12,524 per month.
Investing prowess and strong savings will help this Ontario couple retire at 52
Expert says they could have a comfortable retirement with a five-figure monthly after-tax income
Saskatchewan couple with $700,000 net worth can retire early thanks to rock solid pensions
Expert says the core of their retirement strategy will depend on their work pensions