Search found 122 matches

by GreatLaker
17 Jan 2018 11:01
Forum: Financial Planning and Building Portfolios
Topic: How Did You Do in 2017?
Replies: 94
Views: 3412

Re: How Did You Do in 2017?

It seems to me that the DIY brokers have pretty good performance tools now. I think TDDI does for sure. I’m considering dropping all my performance IRR spreadsheets and just using their performance metrics. They do, except that performance can only be aggregated for all accounts under the same 6 di...
by GreatLaker
17 Jan 2018 10:53
Forum: Financial Planning and Building Portfolios
Topic: How Did You Do in 2017?
Replies: 94
Views: 3412

Re: How Did You Do in 2017?

I have a basic 60/40 retired guy indexed couch portfolio. 40% fixed income is split half into 5-year GIC ladder, and half into VAB. 60% equity is split 1/3 each into ETFs for Canada, US and global (including EM). TWRR (Bogleheads spreadsheet): 1 year 9.8%, 3 year 7.1%, 5 year 8.5% MWRR (Excel XIRR):...
by GreatLaker
09 Jan 2018 17:14
Forum: Under the Mattress: Protecting Your Money
Topic: Old, Odd, and/or Out of Circulation Coins
Replies: 14
Views: 366

Re: Old, Odd, and/or Out of Circulation Coins

A little off topic but the coin collectors in the crowd should appreciate this wonderful story. The owner of the coin collection inherited it from his grandfather. He was the minister at our church in the 1970s. He was the nicest, happiest most unassuming man you could ever imagine. Who could have g...
by GreatLaker
11 Dec 2017 21:03
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA Contribution 2018
Replies: 72
Views: 3086

Re: TFSA Contribution 2018

Contribution rows out to 2047 ? Someone is hopeful... :P If I live as long as my Mom's current age I will run out of rows. And she is optimistically talking about living another 10 years. :beer: If you need a spreadsheet to track your TFSA withdrawals and deposits IMO you might not be using it to i...
by GreatLaker
11 Dec 2017 08:02
Forum: Retirement, Pensions and Peace of Mind
Topic: TFSA Contribution 2018
Replies: 72
Views: 3086

Re: TFSA Contribution 2018

Here is a spreadsheet I created to track TFSA room for up to three accounts:
https://www.dropbox.com/s/5fv3nq74xzl45 ... .xlsx?dl=0
by GreatLaker
21 Oct 2017 07:37
Forum: Financial Planning and Building Portfolios
Topic: Intro/portfolio help
Replies: 37
Views: 2002

Re: Intro/portfolio help

The three ETFs you propose for your 25% international are not equivalent. XAW and VXC are all world ex-Canada funds, i.e. USA, global developed and emerging markets. XEF is global developed markets only, i.e. no USA and no emerging markets. You could achieve your target allocation with 50% XAW or VX...
by GreatLaker
16 Oct 2017 18:18
Forum: Under the Mattress: Protecting Your Money
Topic: Tangerine
Replies: 38
Views: 3521

Re: Tangerine

Ever try calling the 24 hour Tangerine after 6pm lately? Good luck getting through. Tangerine always has a long wait time these days. Perhaps if they reassigned the people who redesigned the website to a "worse version" and rather put them on the phones to deal with clients ....... rant rant..... H...
by GreatLaker
06 Oct 2017 12:00
Forum: Retirement, Pensions and Peace of Mind
Topic: Any questions about CPP?
Replies: 193
Views: 17396

Re: Any questions about CPP?

kcowan wrote:
06 Oct 2017 11:39
GreatLaker wrote:
06 Oct 2017 06:08
Written by Doug Runchey gives detailed calculations https://retirehappy.ca/how-to-calculate ... t-pension/
Is that not Dogger?
Yes... article on Jim's Retire Happy site written by the esteemed Dogger.
by GreatLaker
06 Oct 2017 06:08
Forum: Retirement, Pensions and Peace of Mind
Topic: Any questions about CPP?
Replies: 193
Views: 17396

Re: Any questions about CPP?

Jim Yih has several articles on his blog addressing when to take CPP and how much it will pay: https://retirehappy.ca/search/?q=when%20to%20take%20CPP How to calculate your CPP retirement pension Written by Doug Runchey gives detailed calculations https://retirehappy.ca/how-to-calculate-your-cpp-ret...
by GreatLaker
29 Sep 2017 19:59
Forum: Financial Planning and Building Portfolios
Topic: Do bonds in RRSP/TFSA still make sense?
Replies: 36
Views: 2126

Re: Does bonds in RRSP/TFSA still make sense?

Here is an interesting perspective from Jim Dahl at The White Coat Investor. https://www.whitecoatinvestor.com/asset-location-bonds-go-in-taxable/ Note that the article is written about US tax rates and investment products. He concludes that it is more optimal to keep bonds in a taxable account. But...
by GreatLaker
25 Jun 2017 22:50
Forum: Financial Planning and Building Portfolios
Topic: The Perfect Dividend ETF
Replies: 59
Views: 2220

Re: The Perfect Dividend ETF

Stocks in John Heinzl's dividend portfolio in the Globe and Mail's Strategy Lab have dividend yields ranging from a low of 2.62% to a high of 4.69%. Looks like a yield (on market value) of slightly under 4%. Here's a link (sorry if it is behind the pay wall). https://beta.theglobeandmail.com/globe-i...
by GreatLaker
15 Jun 2017 09:04
Forum: Financial Planning and Building Portfolios
Topic: Who can see my account information?
Replies: 30
Views: 922

Re: Who can see my account information?

milo wrote:
14 Jun 2017 14:30
I guess that's a benefit. Did you have to ask that bank draft fees be waived?
No, the manager that approved the draft told the teller to waive the fee.
If they don't offer I will ask them if they can waive fees.
by GreatLaker
14 Jun 2017 14:15
Forum: Financial Planning and Building Portfolios
Topic: Who can see my account information?
Replies: 30
Views: 922

Re: Who can see my account information?

I am also at the comfy Green bank. It's optional whether the TD Canada Trust tellers can see your TDDI balances. Not sure what the default is. You can tell TDDI to suppress visibility of your accounts at the TD bank branches. I recall that discussion when I set up my LIRA. Mine is set so the bank te...
by GreatLaker
07 Jun 2017 19:03
Forum: Financial Planning and Building Portfolios
Topic: Fee Based advisor Expectations
Replies: 31
Views: 1058

Re: Fee Based advisor Expectations

A few years ago I was investigating fee-only financial planners and created a list of questions to ask when interviewing them. I thought it would be helpful to others so loaded it to Dropbox. Hope it's useful.

List of Questions to Ask a Financial Planner
by GreatLaker
03 Jun 2017 18:25
Forum: Retirement, Pensions and Peace of Mind
Topic: Pros, Cons and Implications of converting RRSP to RRIF
Replies: 10
Views: 972

Re: Pros, Cons and Implications of converting RRSP to RRIF

This is a good, detailed article on which accounts to draw from first in retirement: http://www.rgafinancial.com/articles/What-Account-Should-I-Draw-From-First-In-Retirement.pdf The tax rates are from Alberta a few years ago, but the principles are applicable in all provinces. Also I think it was wr...
by GreatLaker
25 May 2017 12:24
Forum: Retirement, Pensions and Peace of Mind
Topic: The Relationship Between Guaranteed Income And Safe Withdrawal Rates
Replies: 41
Views: 2071

Re: The Relationship Between Guaranteed Income And Safe Withdrawal Rates

Shakespeare wrote:
25 May 2017 12:09
Above ground is good. :wink:
Every day above ground is a good one. Miss one and you will find out.
by GreatLaker
07 May 2017 14:31
Forum: Retirement, Pensions and Peace of Mind
Topic: DB to DB Transfer (HOOPP/OMERS)
Replies: 40
Views: 1515

Re: DB to DB Transfer (HOOPP/OMERS)

It can end up awfully though https://www.google.ca/amp/www.cbc.ca/amp/1.3614880 I'd wager that more retirees have been hurt by taking the CV and managing it badly or handing it over to a predatory adviser that invested it in high-fee investments or other products like variable annuities than by fai...
by GreatLaker
06 May 2017 16:07
Forum: Retirement, Pensions and Peace of Mind
Topic: DB to DB Transfer (HOOPP/OMERS)
Replies: 40
Views: 1515

Re: DB to DB Transfer (HOOPP/OMERS)

Another factor is that the pension typically gets paid out at the average of the employees 5-year final average salary or something similar. So if the OP remains in HOOPP to take a deferred pension it will be paid out based on their average salary for the last 5 years in that plan. If they transfer ...
by GreatLaker
28 Apr 2017 13:02
Forum: Retirement, Pensions and Peace of Mind
Topic: Total Return or Distribution Income in Retirement
Replies: 42
Views: 1655

Re: Total Return or Distribution Income in Retirement

The single paragraph quoted was taken out of context. Look at the broader scope of what was written. If your asset allocation is designed from a total-return perspective and you can live off the income provided by the portfolio and other income sources from outside the portfolio (e.g., Social Securi...
by GreatLaker
11 Apr 2017 10:42
Forum: Retirement, Pensions and Peace of Mind
Topic: Should I take commuted value or deferred pension
Replies: 28
Views: 1332

Re: Should I take commuted value or deferred pension

Some of my friends in the public service typically retire between 55 and 60. They invariably take CPP at 60, stacking it on top of the bridge. Then at 65 the bridge ends and OAS kick in. OAS < bridge, so their income drops slightly at 65, but they have more income from 60 to 65, when they are likely...
by GreatLaker
05 Apr 2017 19:07
Forum: Under the Mattress: Protecting Your Money
Topic: Quicken or alternatives?
Replies: 41
Views: 3551

Re: Quicken or alternatives?

I just purchased Moneydance and will be dumping Quicken. I posted this in the Bogleheads' forum. Bear in mind I'm in the US. Thanks for the detailed post. :thumbsup: Today I got the email I expected but was not looking forward to: Critical Service Alert Your connected services with Quicken will be ...
by GreatLaker
26 Mar 2017 19:01
Forum: Retirement, Pensions and Peace of Mind
Topic: CPP Deferral debate - Fred Vettese article discussion
Replies: 222
Views: 6720

Re: CPP Deferral debate - Fred Vettese article discussion

When people say you should take CPP early because it's a bird in the hand, my response is I prefer to ensure my nest has enough eggs if I am fortunate to live a very long time. I find it interesting that people say CPP should be taken early for risk mitigation because the government may change the r...
by GreatLaker
19 Mar 2017 16:38
Forum: Financial Planning and Building Portfolios
Topic: Norbert's gambit - Can$ to US$ or vice versa
Replies: 1217
Views: 171160

Re: Norbert's gambit - Can$ to US$ or vice versa

The Canadian Couch Potato blog has a new entry, Norbert’s Gambit: The Complete Guide that has discount broker specific white papers for executing in a RRSP account. The blog entry has been added to the External links section of Norbert's Gambit - finiki, the Canadian financial wiki . For those read...
by GreatLaker
10 Mar 2017 14:50
Forum: Taxing Situations
Topic: TFSA room as reported by CRA
Replies: 7
Views: 458

Re: TFSA room as reported by CRA

I created a spreadsheet for myself to track TFSA and RRSP room.

The issue comes up regularly so I decided to share it on dropbox:
https://www.dropbox.com/s/5fv3nq74xzl45 ... .xlsx?dl=0

Hope it is helpful.