Our Financial Path.

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I Join the Million Dollar Club

Million Dollar ClubToday, I decided I would join J.Money‘s Million Dollar Club.  The purpose of the club is to commit to a list of habits and plans to bring you to the first million. Since your chances of success increase dramatically when you surround yourself with like-minded people, I decided to join the challenge. I already mentioned that I wanted to retire by age 35 but now I am publicly committing to it, I will be a millionaire by age 35.


I want to retire in 10 years. (With a million dollars)


With the power of compound interest and a high savings rate, we have every tool in front of us to achieve financial independence and early retirement.


I pledge to:

  • Always save at least half my income.
  • Always max out my RSP every year. (401k)
  • Always max out my TFSA every year. (Roth IRA)
  • Always pursue multiple income streams.


I live below my means and try to automate most of my savings to put away at least half my income. I invest systematically, every paycheck, into low-cost, diversified, index funds to maximize my long-term prosperity. You can see my actual portfolio in my Open Book series.

Within my investment strategy, cutting taxes is one of my biggest priority. I pledge to max out the registered accounts available to me and again, invest them into low-cost, diversified, index funds.

In addition to savings, I am committing to constantly work on multiple income streams.  I pursue multiple hobbies that might (or might not) become profitable one day and I never want to stop trying. Increasing my income is part of the formula to financial independence and I am committed to staying active in the side hustle world.


Thank you and best of luck to everyone in the Million Dollar Club! Xyz.


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  1. Good luck! I’m excited to see how this plays out for you!

    • Xyz

      August 11, 2016 at 7:48 pm

      Thanks, I’ll always keep you guys posted with my Nest Egg Progress bar on the top left of the site 🙂

  2. Great pledge! I like the plan to save at least half your income, solid work.

    • Xyz

      August 15, 2016 at 1:34 pm

      Thanks! So have I have been on track to finish the year with a 60% savings rate. We’ll see where that takes us!

  3. Congratulations and great job making it to a million dollar club. Remember the first million is the hardest.

  4. It’s really a great and helpful piece of information. I am happy that you simply shared this useful information with us.
    Please stay us informed like this. Thanks for sharing.

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