Comments on: Christmas Bonus – Crossover Play http://blog.canadian-dream-free-at-45.com/2007/12/25/christmas-bonus-crossover-play/ Wed, 08 Feb 2012 17:31:40 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Canadian Dream http://blog.canadian-dream-free-at-45.com/2007/12/25/christmas-bonus-crossover-play/comment-page-1/#comment-4826 Canadian Dream Wed, 16 Apr 2008 11:53:40 +0000 http://blog.canadian-dream-free-at-45.com/?p=314#comment-4826 Jacqueline, WAY TO GO! Excellent story of going for your dreams. Best of luck, Tim Jacqueline,

WAY TO GO! Excellent story of going for your dreams.

Best of luck,
Tim

]]> By: Jacqueline http://blog.canadian-dream-free-at-45.com/2007/12/25/christmas-bonus-crossover-play/comment-page-1/#comment-4822 Jacqueline Wed, 16 Apr 2008 08:10:39 +0000 http://blog.canadian-dream-free-at-45.com/?p=314#comment-4822 Thanks for the calculator, it's exciting to have it reaffirmed that I can actually retire right now if I choose (I'm 42). I just started working at a new company however, and have 2 more years to put in before my pension vests. Plus, since I'm earning a pretty good salary, and have some contribution room to use up in my RRSP and don't totally hate my job, I'm willing to put in a few more years until I can take that 'extended (perhaps permanent) sabbatical' in my RV. My goal is to retire by 45 as well - so 2.5 years away! Excellent site by the way, and it's good to see a Canadian money blogger. For your readers, I just want to mention that I have been a single mom for the last 20 years (2 kids, now 20 and 7), if I can do it totally on one income (never married/lived with someone), I don't understand why other people can't do it on two. I've made a few personal sacrifices such as "going the extra mile" at my jobs in order to maximize my income and working in a field and city where the money is right now (finance in Calgary). In conjunction with my basic frugality (I wasn't always frugal and was in debt until about 35), I save about 1/2 my salary and could easily live on about $25k per year in a less expensive area than Calgary. Even though that's less than what I pay in taxes right now! :-( Thanks for the calculator, it’s exciting to have it reaffirmed that I can actually retire right now if I choose (I’m 42). I just started working at a new company however, and have 2 more years to put in before my pension vests. Plus, since I’m earning a pretty good salary, and have some contribution room to use up in my RRSP and don’t totally hate my job, I’m willing to put in a few more years until I can take that ‘extended (perhaps permanent) sabbatical’ in my RV. My goal is to retire by 45 as well – so 2.5 years away!
Excellent site by the way, and it’s good to see a Canadian money blogger.
For your readers, I just want to mention that I have been a single mom for the last 20 years (2 kids, now 20 and 7), if I can do it totally on one income (never married/lived with someone), I don’t understand why other people can’t do it on two. I’ve made a few personal sacrifices such as “going the extra mile” at my jobs in order to maximize my income and working in a field and city where the money is right now (finance in Calgary). In conjunction with my basic frugality (I wasn’t always frugal and was in debt until about 35), I save about 1/2 my salary and could easily live on about $25k per year in a less expensive area than Calgary. Even though that’s less than what I pay in taxes right now! :-(

]]> By: Canadian Dream http://blog.canadian-dream-free-at-45.com/2007/12/25/christmas-bonus-crossover-play/comment-page-1/#comment-2404 Canadian Dream Wed, 02 Jan 2008 13:08:11 +0000 http://blog.canadian-dream-free-at-45.com/?p=314#comment-2404 George, The $10,300 saving rate was just a number I picked from the top of my head to approximate my own savings rate on an annual basis. That was a little issue I forgot to fix prior to sending it out. You can alter that initial saving amount by just typing in your number over the $10,300 in the first line in the results section. Thanks for pointing it out I'll have to fix that up and put up a new version. Tim George,

The $10,300 saving rate was just a number I picked from the top of my head to approximate my own savings rate on an annual basis.

That was a little issue I forgot to fix prior to sending it out. You can alter that initial saving amount by just typing in your number over the $10,300 in the first line in the results section.

Thanks for pointing it out I’ll have to fix that up and put up a new version.

Tim

]]> By: Weekend Reading - Dec 28, 2007 | Million Dollar Journey http://blog.canadian-dream-free-at-45.com/2007/12/25/christmas-bonus-crossover-play/comment-page-1/#comment-2321 Weekend Reading - Dec 28, 2007 | Million Dollar Journey Fri, 28 Dec 2007 07:34:08 +0000 http://blog.canadian-dream-free-at-45.com/?p=314#comment-2321 [...] Dream has a Christmas gift for us all in his spreadsheet giveaway that calculates the "Crossover point".  This is basically where your investment [...] [...] Dream has a Christmas gift for us all in his spreadsheet giveaway that calculates the "Crossover point".  This is basically where your investment [...]

]]> By: George http://blog.canadian-dream-free-at-45.com/2007/12/25/christmas-bonus-crossover-play/comment-page-1/#comment-2281 George Wed, 26 Dec 2007 15:44:01 +0000 http://blog.canadian-dream-free-at-45.com/?p=314#comment-2281 Great little tool, but why is the initial savings rate fixed at $10,300? Great little tool, but why is the initial savings rate fixed at $10,300?

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