RRSP to TFSA conversion – Does it make sense?
In my 2025 wrap up post, a reader left a comment that caught my attention and piqued my curiosity: “Is it ever advisable to cash out RRSPs, and move it over to TFSAs?” As we …
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 $6,000 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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Step-By-Step Guide on How to Make a Dividend Portfolio Spreadsheet (Dividend Tracker)
This post was originally published in 2016. The key formula used in the dividend spreadsheet template for dividend info from Google Finance was formulated back in 2014. Due to the changes in Google Finance in …
Planning our kids’ financial future: RESP, housing, and beyond
I really enjoy getting questions from readers, whether via the comment section or email. Due to the vast number of questions, unfortunately, sometimes I don’t have sufficient time to provide detailed answers. For that, I …
Keeping the spark: Pursuing FIRE and staying aligned on money
On paper, Financial Independence Retire Early (FIRE) is a simple concept – spend less than you earn, grow your savings gap, optimize your taxes, invest your savings, and wait for your money to compound over …
Dividend Income – May 2026 Update
Welcome to another month of dividend income report. Despite some market volatility in May, the bull market trend continues. It’s getting a bit nutty whenever I check our portfolio value and more importantly, our net …
Dividend Growth rate vs. inflation – Is our portfolio actually keeping up?
When we had our financial epiphany back in 2011, we were drawn to dividend growth investing. Why were we attracted to dividend growth investing? First, we liked the idea that we could live off dividends …
The uncomfortable middle: when you’re financially independent but still working
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 …