Hi H.P… Good point. But both I and Ben Felix (the creator of the 5% rule) are both Canadian.

Sadly, we Canadians do not get to deduct our mortgage interest, hence that oversight. That is one of the personal-finance issues I am most jealous of that you Americans have.

Economic policy wonk by day. Personal finance writer by night. I write about investing, debt, and all things related to money. Editor of Making of a Millionaire

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store