u/Technical-Annual1726

I’m 41M and my wife 40F. We own a $1.5 mil home in Ancaster(8 years old), Ontario.(Paid for.) We have zero debt. Two moderate cars. 3 children age 10, 8 and 4.
My non registered $145K
My tfsa $160K
My rrsp $545K
Kids resp $50K
My wife’s non registered $55K
Wife’s tfsa $145K
Wife’s rrsp $50K
My income is $150K+ per year
Wife’s $75K per year.
Thinking of getting a rental property as well but don’t want to deplete our retirement money. A few years of saving up for a down payment.
Thoughts?

I’m 41M and my wife 40F. We own a $1.5 mil home in Ancaster(8 years old), Ontario.(Paid for.) We have zero debt. Two moderate cars. 3 children age 10, 8 and 4.
My non registered $145K
My tfsa $160K
My rrsp $545K
Kids resp $50K
My work gives scholarship $4K a year per child.
My wife’s non registered $55K
Wife’s tfsa $145K
Wife’s rrsp $50K
My income is $150+ per year
Wife’s $75 per year.
I hold like to retire by 55