I'm 46 and was lucky enough to retire at 43.

You are on a 21 day cruise, that´s 3 weeks of cruising, so packages are going to cost more, premium package works for us, it makes sense with drinks and tips and Wi-Fi , you guys goofed up, admit it, you also had a mini suite, you could have picked a balcony cabin and premium package and saved money, this is embarrassing.

As long as I have to pay a single supplement, I’m out.

The underlying reason for price increases and service cuts is due to the servicing of debt by the parent company, Carnival. The debt is immense and the money has to come from the consumer.

Its coming to an end, that being the one way street of phony markets and financialized economy. If your wealth is measured in dollars you will be going broke along with most others. Keep your eyes on bond market, its the key indicator.

Hi Tina & Norm, thanks for sharing! I noticed that my portfolio is extremely tech heavy (repeating the same mistake as 22 years ago). So, started to switch to stock funds/ETFs. Having said that, my portfolio also increased close to 20% in one year. If I add back the withdrawls I took during this time, the increment is over 23%. I hope it continues to grow like that, but the Pundits have been warning of Stock Market Crash😯Also, planning to go on a second trip to Europe this year

In Southern Minnesota and not feeling money banked or invested safe at this time! 18 yrs retired

Good idea to do some financial check ups. People in retirement should be looking at their cash flow 2-3 years in advance in order to not have to sell stocks in a market downturn. Don't lock up all your money in investments. What goes up, will go down and you can't time the market.

You two are so adorable!

Thanks Tina and Norm for reinforcing what I have been thinking. We went on a Norwegian Cruises ship to Iceland and Norway. The level of nickel and dining was disconcerting. We haven’t decided yet whether we are cruise people. But we aren’t off to a good start.

Trudeau throwing money at seniors ,not all but too many that just don’t need it,so tiring

I made 30% in stocks so far this year. I recently took profits and deployed the earnings into a fixed income investment. I left my original investment to continue to grow. Can’t take too many risks at our age.

Holiday in a country like Aotearoa NZ which never has tipping. If someone is nice to you here its genuine.

There are earning thresholds for receiving GIS - it is by far automatic to receive … you need to be earning less than 20k (website states: The Supplement is based on income and is available to Old Age Security pensioners with low income. It is not taxable.)

Hello, love your channel and also your emphasis on quality of life….im planning to retire at 60 in 3 years if I can afford it and am wondering with regards to net wealth how much you feel is enough to retire?…I heard someone on another channel say $1.8 million which sounds crazy and unobtainable….at least for me.

Well played on your investing

i am about to change the tfsa getting rid of the beneficiary to successor so that me or my spouce can continue investing if something should change in our lives .

its exactly what i do but what is your plan for your rrsp's going forward ? rrif or do something else

Same experience on a Celebrity cruise to Iceland in September. We refused the extras too.

So 30 bucks for just the internet that’s half way to the 60 for the entire package?

Investments go up and down. You won this year. Good for you!

Why don't you use a drip account and reinvest your dividends as you receive them. That way you won't have cash sitting around and you benefit from compounded dollar cost averaging.

I don't know how you can think the carbon tax payback is worth mentioning. I receive 35$ x 4 year which doesn't move the needle. It's a scam brought on us by the current govt. I wonder how many other Canadians receive such a measly tax rebate.

I took my first Viking ocean cruise this past spring and think it’s a great value. Yes, it is a premium line but you don’t have to spend much on board. All non-alcoholic beverages are included and wine and beer with lunch and dinner are included. The specialty restaurants are not a separate charge and the lovely afternoon tea has no separate charge either. There is also an included excursion at each port and the other excursions are reasonably priced. Also if I remember correctly there was free internet. Also every room has a balcony and max capacity is only 930 passengers. Service was exceptional. I bought the premium beverage package that allowed me to have alcoholic beverages at any time and get a larger selection of wines at dinner - but I’m not going to pay for that during my next Viking cruise - if I want a drink in the evening I’ll just charge it to my room. So even though you pay more upfront with Viking, it is very easy to spend almost nothing during the cruise.

I have been thinking about who is funding your Canadian and British pensions that you clearly dont need. Must be the working generations, same as your children and grandchildren. Dont spend it all - leave the grandchildren plenty, as they are going to need it!

See our other cruise videos here kzbin.info/aero/PLwerz80Ddyn1mEe2YV7GmYYFxuqL0Rb4A&si=dAgcP2xOsSYS8aVx

Good for you keeping your extra $$$ invested, I keep things simple for myself and mostly invest in an S&P 500 fund, I am probably giving up some returns but its straightforward, invests in leading companies in the US and simplifies my life.

I love your videos!

Thank you for this informative and helpful video.

Great news Norm & Tina! I am not very good with number crunching or knowledgeable about stocks. We have our money mostly with Insurance companies in TFSA'S & GIC"S. Working on withdrawing our RSP'S slowly and putting them into TFSA'S. Could you advise me of a good stock to.pit some money in now.

Congratulations to you two. As an ex-banker I hear you about your net worth growing faster than you can spend. We never put our money in MM; we do equity and GIC's and control our money with RBC Direct investing - we have increased our net worth by over 200% in the last 10 years of retirement. We do an evaluation 3 times a year and monitor our accounts regularly. So happy to hear that you are proud of your portfolio and it's performance. Helping our kids is great but we have worked hard and sacrificed a lot in our early years so we are entitled to spend money on whatever gives us joy and comfort and still practice frugality. Which tour company are you using for your Galapagos trip? You guys rock!

Long time watcher,first time replying….i love ur channel down to earth real advice for the common man (me) …facts about finance,cruises and life …I appreciate norm’s financial stock acumen but in previous episodes you are well off because you and Tina invested in the housing market..real estate …all young kids should remember that stocks and bonds can just assist ur net worth …but like in life moderation is the key ,cheers keep up the great work

Good that you are enjoying retirement.Good idea to spread your investments but remember that your shares are paper profits only and you don’t have time on your side if there is a major correction. Lots of trouble on the horizon.!!!!! 8:38

All of the many many passenger ships on the water are nothing more than a floating Hospital. So many people get sick on every cruise why it is simple once it gets into the air-conditioning on the ship you’re done for so you’re not feeling too well and your pop off on your way around the world, there is a tree on board. Regards Alan from down under who would never go on a cruise again.

0:20 🤮. A reminder that the winter fuel allowances for pensioners weren't going to people that needed them.

Thanks for the update on your investments and congratulations! Is it just me, or is April to November a non-standard timeframe for an investment returns calculation? Is that timeframe used because it coincides with your net worth updates? If that is the case, why those months? Genuinely curious..

I just came back yesterday, Celebrity Constellation transatlantic, and the prices are almost double what you are complaining about Princess! Also, I am looking for the next cruise and my favorite line, Holland (also owned by Carnival), has increased prices drastically, and if you add those packages...forget about it! However, I have the impression that all those increases and push sales are backfiring on them. As us, people are not going for those. All lines are doing the same! Inflation 🙄

I'm nowhere near retirement yet, but I am thrilled at my portfolio growth this year, up nearly 25% YTD. I invest in broad market index funds because they are low cost, but I am careful to maintain really good diversity among the funds I hold, covering all sizes of US companies, foreign companies, REITs, tech sector, etc. I use to trade individual stocks, but I realized it's not necessary to get excellent returns and I'm too busy to devote time to the research anyway, so I don't bother with it anymore. I kind of miss owning brands that I actually like and use directly, but I still own them in the funds I hold. In any case, I hope this bullish market continues, but even if it doesn't I'm fine with a market correction since it's just an opportunity to buy shares at a discount. However, it feels a lot more scary if you're retired, compared to when you're still working and accumulating.

I am so happy for you both! I have heard it is good meat too; any animal is easy to fall in love with if a person cares for it, just saying. Thank you for sharing your happiness and ideas! I hope you continue to enjoy health, happiness and wealth!

Good for YOU! I think like both of you... Dividend STOCK.. I am 60 in 3 months

You two sure are inspiring !! My wife and I are about 10 yrs behind you and your wisdom and experience is much appreciated !!

You're clearly a very lovely couple, who enjoy each other's company. One issue I have though, is when people quote monetary figures on KZbin - they don't always state which country's currency it's referring to. In your case, was it Canadian and/or American dollars you quoted, or possibly the British pound?

If you spent 24k on trips no matter how much you went up or made , you still lost 24k.

Markets been going well for years, staying in the market you will do well. Wait for the crash

Don,t. For get that. The. More. You. Earn the more the tax man gets

Who did you donate to, what charities? Thank you for sharing your overall strategy, something to think about...

Do you also buy bonds or just stocks and GICs?

Hi guys, you’re doing such a great job. How do you figure out how much to donate to charities so you know you can benefit for taxes

Can you share how you buy stock? I’d like to try it but don’t know how to start.