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Stock impact report

Want a $1 Million Retirement? 2 Simple Index Funds to Buy and Hold for Decades [Yahoo! Finance Canada]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
It takes a lot more to retire comfortably these days than it used to. With rent averaging more than $2,000 for a single person and food prices always going up, many Canadians are revising their opinions on what's an adequate amount of money for retirement. It used to be that financial advisors would say that around $600,000 was enough. These days, most Canadians think it's closer to $1 million, including both real estate and liquid savings. If you plan on retiring in Toronto, you'll almost certainly need seven figures to retire comfortably. The question is, how do you get to $1 million in retirement savings? If you have a very well-paying job, it shouldn't be too hard, but if you are modestly compensated, you'll need to be very diligent about investing consistently and careful about what you invest in. With that in mind, here are two Canadian exchange-traded funds (ETFs) that could help you fund your $1 million retirement. iShares S&P/TSX Capped Composite Index Fund Vanguard S& Show less Read more
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