Stress Test

No, you’re not throwing your money away on rent

Stress Test

Show Notes

We’ve all heard the adage, “renting is throwing your money away,” but when you factor in the rising cost of homeownership, is that actually the case? In this episode, Rob chats with Ben Felix, the chief investment officer at PWL Capital, about his financial model that shows renters can accumulate just as much wealth as homeowners. Plus, two millennials who can afford to buy homes but choose to remain renters share why and how they spend and invest their money to account for the absence of home equity.

More from Stress Test

Oct 20, 2026

As more Canadians buy homes later in life, homeownership is increasingly competing with another major financial goal: saving for retirement.

Oct 13, 2026

Tensions between Canada and the U.S. are at an all-time high, and some young Canadians are questioning whether they still want to invest so much of their money south of the border. We hear from a millennial investor who dramatically reduced his U.S. holdings. Then Rob Carrick and financial planner Aravind Sithamparapillai discuss the risks and potential benefits of scaling back U.S. investments, and what investors should weigh before making a change to their portfolios.

Oct 6, 2026

When are you ready to buy a home? To have a kid? To quit your day job and become your own boss? In 2026, financial milestones look different than they used to.

Apr 29, 2026

Retirement can feel overwhelming when headlines insist you need millions before you can stop working. But is that actually true? In this episode, we hear from young Canadians with very different visions of life after work. Then retirement reporter Meera Raman sits down with financial planner Moira Rose Váně to challenge some of the biggest assumptions about retirement. Together, they explore why so many younger Canadians feel behind before they’ve even begun, and what a more realistic path to retirement can look like.

Apr 22, 2026

More than half of young Canadians say they’d want a prenup if they got married or entered a common-law relationship. But only a small share have actually signed one. So what’s stopping them? In this episode, we look at the gap between interest and action and why prenups may still be harder, pricer and more emotionally charged than many expect. We hear from a Toronto woman who says getting a prenup with her husband became the most difficult part of wedding planning. Then, Aimee Schalles, lawyer and co-founder of Jointly.ca, breaks down what happens if you don’t have a prenup, why more young Canadians want them, and why so few actually sign.

See all episodes →