If you left an employer pension, you may have transferred it to a Locked-In Retirement Account (LIRA). Eventually, your LIRA will likely become a Life Income Fund (LIF). It's like a RRIF, but it has a maximum withdrawal limit each year. Here's a trick you probably didn't know:

Full-spread, double-page @Wealthsimple ad in every major Canadian newspaper. Banking is over.

Episode #23 is out now! Our guest this episode is @AaronHectorCFP—Founding Partner of @TIERWealth, President of the Institute of Advanced Financial Planners (@AdvancedPlanner) and a fellow personal-finance nerd like Dave. In this episode, Dave and Aaron explore some of the most overlooked opportunities in Canadian financial and estate planning. From optimizing RESP withdrawals to gifting tax deductions to your kids, Aaron shares smart, actionable strategies that can help families build and preserve wealth more effectively. They also cover timely topics like when to defer RRSP or FHSA deductions, how to handle joint accounts, why every Canadian needs a will and the difference between a beneficiary and a successor holder. Whether you’re just building your financial plan or revisiting it with an eye for tax efficiency, this episode is full of practical tips and clear explanations you can put to use. Tune in now on our website, YouTube, Apple Podcasts, Spotify or wherever you get your podcasts!

Age 24: $100k net worth Age 30: $1M net worth Age 37: $10M net worth Here are a couple of boring, overlooked, and non-flashy things I did to leave the rat race starting with a $50k salary:

Rich life = happiness I want to: • travel • explore my interests • spend quality time with friends & family I didn’t realize this until I got older. You get to a point where you realize that there is less time to do things that make you happy.

The best money advice I ever got: My boss from a 1-day-a-week job during university told me: “Save at least 10% of every paycheck.” I did - and stuck with it for 30+ years. My investment account? Let’s just say 📈 Start small. Stay consistent. Time will do the rest.