The road to $1 Million
Where the money sits today
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Retirement accounts 83.6%RRSP + DCPP + US 401k + Questrade RRSP
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TFSA 12.8%Questrade TFSA
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Non-registered 3.5%Questrade cash account
Portfolio asset allocation
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Equities 59.7%Canadian, US, and international index funds + ETFs, including target-date fund equity sleeves
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Fixed income 6.6%Canadian bond index, core plus bond, target-date fund bond sleeve
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Cash 33.2%High-interest savings ETF across registered and non-registered accounts, money market fund, uninvested broker cash
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Alternatives / Crypto 0.5%Bitcoin ETF, covered-call crypto-adjacent equity, gold and other alternatives when held
Equity market allocation
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Canadian 14.1%Canadian listed companies
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United States 68.7%US listed companies
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International developed (ex-US, ex-Canada) 12.9%Europe, Japan, UK, Australia
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Emerging markets 4.3%China, India, Brazil, Taiwan
How long until the finish line?
Two scenarios, each shown as a range: from 5.0% per year (today's actual mix, which sits on roughly a third cash) up to 7.0% (if that cash gets invested toward a more equity-heavy target allocation). The "with contributions" numbers assume about $20,000 per year of new auto-investing, which is roughly what's been going in from chequing to brokerage over the last two months.
About $20,000/year of new contributions lands at $1M somewhere around 2034–2037, depending on whether returns land at the 7.0% or 5.0% end of the range.
If the contributions stopped today and only market growth carried the portfolio, the same milestone would take roughly 6–3 years longer.
How this page works.
- Numbers come from a local monthly tool that reads bank and brokerage CSV exports, with manual entry for investment balances and home value. Only percentages get published; dollar amounts stay private.
- "Liquid assets" here means cash, registered retirement accounts (RRSP, employer pension, US 401k), TFSA, and a non-registered brokerage cash account. Home equity is tracked separately and not counted toward this goal.
- The return range reflects the actual allocation above: today's mix is roughly 60% equity, 7% fixed income, and 33% cash, so the 5.0% base case is a long-run blended estimate for that cash-heavy reality. The 7.0% upper end assumes the cash is gradually redeployed toward a more equity-heavy target allocation. (Cash is counted as cash here, not fixed income.) Real returns will be lumpier than either smooth projection.
- This page is part of a content engine that also produces a monthly "Month in Review" blog post. See the blog for context on the journey.
This is for educational and informational purposes only. It is not financial advice. Past performance does not guarantee future results. Returns shown are an assumption, not a forecast. Talk to a licensed advisor before making investment decisions.