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Finding Your Financial Independence Number and How to Live Off Your Portfolio

Build Wealth Canada Podcast

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Do You Have a Variable Draw Strategy?

In years where things are poor or things are doing poorly, we'll definitely say, let's try to reduce our spending this year. So yeah, you have to adapt. And if it means reducing your income, then great. But every year I review and renew the plan and it'll show me based on what the values are now. Because of the negative 20 or 30% return, this is our attainable retirement income.

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