reverse mortgages

Attention Retirees: How Your Mortgage Can Increase Your Monthly Cash Flow

An Ipsos Reid Poll showed that in 2008 51% of people expected to be fully retired by age 66.  In 2013 only 27% expected to be fully retired by 66.   That’s almost a 50% decrease in only five years.  That same poll showed that 32% of Canadians expect to work part-time at 66. An […]

Are You Ready for Retirement?

More and more Canadians are going into their retirement years without a lot of money saved in the bank. It is suggested that in order to live a financially comfortable retirement, couples should have saved 50-60% of their peak pre-retirement income, which equates to roughly $42,000 to $72,000 a year or $275,000 to $1,025,000. Singles […]

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