LIRA Investment Advice

Hey everyone , looking for feedback on my long-term LIRA strategy. I’m transferring my funds to a Wealthsimple LIRA account.

Context:

34yo looking at a 21-25 years horizon

One-time ~$76k LIRA transfer

Goal: growth + low fees + simple structure

** this would be a relatively small portion of my retirement funds as I have more relevant investments in place

I want to retire early lol

Planned allocation:

60% US → VOO

20% Canada → XIC

15% Intl developed → XEF / XEF.U

5% Emerging → XEC

Why this setup:

Overweight US for growth (vs XEQT’s ~45%)

Lower fees (~0.07–0.08% vs ~0.20% XEQT)

Using VOO in LIRA to avoid US dividend withholding tax (treaty benefit)

One-time FX cost is acceptable since I won’t be contributing more to this account. (The fx when I move it back to CAD wouldn’t offset the break on us dividend tax withholding given the long term dividends amount)

Any thoughts or better recommendations?

I don’t buy stocks directly because I feel like I do not have enough knowledge just yet, but I plan to get there in the future.