Tawcan is a Canadian personal finance and dividend investing blog that chronicles my quest for financial independence and joyful life.
I started this blog to show it is possible to achieve financial independence as a single-income family with two young kids while living in Vancouver Canada, one of the most expensive cities in the world.
My wife and I started building our dividend portfolio in 2011 after a financial epiphany.
Today, the portfolio generates over $5,400 in dividends per month. We originally dreamed of becoming financially independent and living off dividends by 2025. Although we could live off dividends by supplementing it with a part time income in 2025, we aren't in a rush to cross the so called "finish line." Therefore, we are taking it easy and we plan to realize the dream of living off dividends before 2030.
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Growing up, financial independence retire early (FIRE) had never been an unfamiliar concept to me. Seeing my dad retiring in his early 40s while I was a teenager and then having one of my cousins …
As you can imagine, a lot of planning is required to reach early retirement. Despite all the planning, projections, and running different scenarios, there will always be some level of uncertainty when it comes to …
In June 2024, on our way back to Vancouver from Denmark, we spent 8 days in Iceland. It was our first time in Iceland and we thoroughly enjoyed the Icelandic summer. Last year, when we …
Hey everyone, welcome to another monthly dividend income update. Since creating this blog, I have posted these monthly dividend income updates to chronicle our journey toward financial independence through dividend investing. If you look at …
Some people look at the RRSP and think it’s not a useful account to utilize for retirement savings because withdrawals (and also RRIF withdrawals when you need to convert RRSP to RRIF) are fully taxed …
Life is uncertain. We are living our day-to-day lives with a certain level of uncertainty, but that’s part of the fun. Some people don’t like having too many uncertainties, so they take actions and precautions …
I have set goals and resolutions at the beginning of the year since 2019. To track them, I record them in a spreadsheet and update my progress throughout the year. To keep myself accountable, I …
