Archive for September 2024
Wealthsimple vs. Justwealth in 2025
Justwealth and Wealthsimple are the #1 and #2 options on our newly-updated best robo advisors in Canada for 2025 list. Because Wealthsimple is more of a tech-first company, and Justwealth is more of an investing-first company, the Wealthsimple vs Justwealth battle comes down to what you most highly prioritize in your robo advisor. Also, I…
Read MoreBMO SmartFolio Review 2025
I’m a huge fan of robo advisors, and BMO’s robo advisor: SmartFolio is no exception to that. If you’re not familiar with robo advisors the basic idea is that you will determine your overall risk tolerance, and that BMO will set you up with an automated portfolio using big broad index funds that spread your…
Read MoreBuilding a $1,000,000 RRSP Starting in your 30’s, 40’s, and 50’s.
When I initially wrote this article about building RRSP wealth in your 30s, 40s, and 50s, my goal was to create an easy visual that illustrates just how much you would have to begin saving today if you wanted to be a millionaire “tomorrow” (when you retired). Five years later, the data stands up pretty…
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