When Retirement Income Doesn’t Quite Stretch
Learning how to supplement retirement income is the reality for a growing number of Canadian homeowners whose costs rose faster than their pensions. You did the responsible things. You paid down the mortgage, you saved, you planned. And still, in a city like Vancouver, many retirees find the retirement math doesn’t add up the way […]
Carrying a Mortgage or Debt Into Retirement? How to Clear It and Stay Put
Debt consolidation for seniors used to be a rare conversation; today, carrying a mortgage or card balances into retirement is closer to the norm. More retirees than ever are crossing into their retirement years still carrying debt; a mortgage that wasn’t quite paid off, a line of credit, a car loan, lingering credit card balances. […]
Retirement Is a Transition: Turning Home Equity Into Options
Home equity in retirement is the largest financial resource most Canadian homeowners hold, and the least planned-for. Retirement isn’t a single moment; it’s a series of transitions, and some of them arrive without warning. The shift from a working income to a fixed one. The sale of a business. The loss of a spouse and, […]
The Home That Grows With You: Funding Aging-in-Place Renovations
Aging in place renovations are how a family home becomes a forever home, and funding them well matters as much as designing them well. The home that was perfect for raising a family isn’t always the home that serves you best at 75. Stairs that were nothing at 40 become a daily negotiation. A bathroom […]
Retire in the Home You Love: A Practical Guide to Aging at Home
Ask almost any Canadian over 65 where they want to spend their retirement years, and the answer is remarkably consistent: right here, in the home they already know and love. Survey after survey puts that number in the nineties. It isn’t really about the house as an asset, it’s about the neighbours who’ve become friends, […]