The old way makes no sense because
- For millennials, how many times career changes you may have to make before 65? Let alone how many jobs.
Jobs with a pension plan or even company matching RRSP/401K are harder and harder to find.
Interest rate has been low for decades = Bonds, GIC and saving options are mostly lower than inflation
- Rise of robot advisers and other AI/ML technologies
Trading platforms are getting cheaper and easier to use for this tech generation
Level 2 data is more comprehensive and affordable
With all the info now on our finger tips, is there a better way to tackle the challenges?