Dividend Income – Dec 2024 Update & 2024 Summary
Happy New Year everyone! I hope everyone had a fantastic 2024 and enjoyed the holidays. I sure did. The market was on fire in 2024 and we’ll have to wait and see whether we will …
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 $4,700 in dividends per month. We originally dreamed to become financial independent and live off dividends by 2025. Although we could live off dividends by supplement it with a part time income in 2025, we aren't in a rush to cross so called "finish line." Therefore, we are taking it easy and we plan to realize the dream of living off dividends before 2030.
Want to follow my dividend investing and financial independence journey? Sign up newsletter or fill in below.
How much do we need to reach financial independence
Over the last few years, I have written posts on our financial independence assumptions and tax consequences when we live off dividends. Originally, we thought a dividend income of $40,000 per year would be sufficient. …
2025 Looking Ahead
Happy New Year everyone! Wow, it’s 2025 already? I still remember Dec 31, 1999, waiting and welcoming the new millennium, (and worrying about all those dire Y2K predictions) and here we are, 25 years later. …
13 Best Canadian Dividend Stocks for 2025
Mrs. T and I are working toward financial independence by investing in dividend stocks and index ETFs. Our plan is to live off dividends by having between $60,000 to $70,000 in dividend income. We may …
Top Canadian Dividend ETFs – Why we don’t own them
Many readers have asked how I feel about dividend ETFs and what are the top Canadian dividend ETFs available in the market today. Mostly, is there a reason why we don’t utilize Canadian dividend ETFs …
TFSA Over contribution…What to do. A 2025 Guide
If you’re a long time reader, you know I love the TFSA. I believe everyone should treat TFSAs as a long-term retirement account, rather than a short term savings account. While TFSAs are a great …
Happy New Year – Best of 2024
Seasons greetings everyone and I hope everyone is getting ready to welcome 2025. 2024 was a big year for this blog, turning 10 years old! I want to thank every single one of you for …