Monthly Savings with Pension : r/PersonalFinanceCanada - Reddit

I've started my retirement savings (outside of my DB pension) a bit later in life, so I'm putting away about 30% currently. My wife puts away about 20-25% monthly. The reason that we save …

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Monthly Savings With Pension : R/PersonalFinanceCanada - Reddit

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I've started my retirement savings (outside of my DB pension) a bit later in life, so I'm putting away about 30% currently. My wife puts away about 20-25% monthly. The reason that we save …

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Monthly Savings : R/PersonalFinanceCanada - Reddit

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Take home pay is about $3,450 - this is after my HOOPP pension contribution comes out, so I’m savings $350 there. I save an additional $200. $100 into TFSA and $100 into savings account …

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Should I Include My Pension Contributions To Net Savings Rate

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I work for the feds, I contribute about 300$ per paycheck (600 per month) to my pension, which is indexed to inflation and will pay me 70% of my best 5 salary years from 60 until death. …

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26 With $5k Saved, How To Boost Savings And Invest Long-term

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May 6, 2024 · This subreddit is a place to discuss anything related to Canadian personal finance. The topic of "personal finance" includes budgeting, goal planning, taxation, saving, investing, …

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R/PersonalFinanceCanada On Reddit: I Have A Defined Benefit …

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I have a defined benefit pension with the Ontario govt. Step 5 of the money steps say I should save 15% of my pre-tax income fore retirement. Do my pension contributions count as my …

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How Much Do You Save Per Month? : R/PersonalFinanceCanada

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I’m currently putting $2400/month into my TFSA for long-term savings (retirement). I also set aside $200/month in my “fun” fund. I use that for travel, shopping, etc. Context: I’m 31 and I …

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Savings For Retirement : R/PersonalFinanceCanada - Reddit

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My wife is 33 and works for a university earning about 57-58k (with a promotion anywhere between 5-10% coming around April). I believe she has a DB pension as well, however MUCH …

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Monthly Savings - Help! : R/PersonalFinanceCanada - Reddit

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With our current budget, we put $684.84 on the line of credit monthly - we are aiming to have it paid off in 4 years when the interest rate will go back up. With our current budget, we have …

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What’s The Best Strategy Here To Maximize Savings/retirement?

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Projected annual savings of $50,000 after all the expenses Annual pay is around $200k-240k (combined with my partner) Mortgage will be around $500k at 5.5% (variable), starting in June …

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Personal Finance For Canadians - Reddit

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33y/o Municipal Government employee making roughly $100k with DB pension, have been in this position for 2 years. $320k in savings invested within TFSA and RRSP Wife makes $50k and …

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