In this video, I breakdown the process of how to reach one million dollars on minimum wage in Canada without ever receiving a raise. Reaching one million dollars is an attainable goal if you set your mind to it and follow the process. Most people can reach it sooner than the time frame that I outline due to raises and promotions. Spreadsheet (view only but you can make a copy of it)
Canadian Retiree spendings
Retiree average savings
Retiree average 401k America
Average OAS + CPP = $1286.40
Compound interest calculator
I am a big believer in stock market investing as one of the main ways to achieve Financial Independence. If you are too, I would love for you to join me on this journey as I track my progress towards Financial Independence. The day that I can reach that goal will be the day I Retire Early and do the jobs in life the I love without caring about the paycheque. I hope to build a community of like-minded individuals who want to reach financial independence while living a reasonable life because what good is money if you die early from only eating instant noodles (for the record, I love instant noodles)!
#millionaire
#canadianmillionaire
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#wealthsimpletrade
#wealthsimplestocks
#wealthsimple
#investingincanada
#myjourneytofire
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CONTACT INFO
Email: thefiregrind@gmail.com
Instagram: @thefiregrind
I post my portfolio along with the most recent moves I make
Note that this is NOT professional financial advice but rather documenting what I have learned over the years I have been investing. I want to share my journey with you to inspire you to take a hold of your finances and not fall victim to debt.
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