Jane is a retiree living comfortably thanks to her dividend growth stocks portfolio, despite only starting in her 50s! Her journey is inspiring, especially knowing how she turned some of her family’s challenges into an expertise that now helps others in her surroundings! Learn about DTC, RDSP, and an admirable woman!
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You’ll Learn
- Jane describes herself as an outdoor person who likes spending money on experiences.
- Her career as a psychotherapist gave her some time to start managing her portfolio. However, she started quite late!
- Jane’s father invested alone before her and seemed ahead of his time. How did he influence her financially?
- With no financial background, she explains how online literacy and research has helped her gain knowledge, especially here on The Dividend Guy Blog and at Dividend Stocks Rock.
- Jane became a DIY investor in 2006. Before that, she explored mutual funds and ETFs. She explains why she decided to focus on dividend growers.
- Her biggest trigger for starting to manage her portfolio was an unfortunate mistake she made in 2008 during the financial crisis.
- She learned through time that being freed from high-yield stocks and holding her stocks like they were her friends boosted her conviction.
- Jane was among the first DSR members. Why did she subscribe at first, and does the service still help her after all these years?
- The woman discovered the Disability Tax Credit and the Registered Disability Savings Plan on the DSR forum. It was a game changer for her, her son, and many people in her surroundings.
- So, the DTC and RDSP are unique to Canada, but who qualifies for it?
- Why is it still unknown, and what kind of grants and subsidies can disabled investors get?
- Is this savings plan enough to finance a healthy retirement?
- Jane decided to keep a similar investment strategy for her son’s RDSP and discussed its impact on her relationship with her children.
Jane has generously shared some helpful links.
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You might as well be interested into the Registered Retirement Income Fund (RRIF) and its withdrawals. Here’s a step-by-step strategy.
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