Advice And Articles

Reverse Mortgages have been around for quite some time in Canada – over 25 years now. But there are still a number of questions surrounding them that we see from people time and time again. I thought it would be a good idea to address some of these questions. 1. What Is A Reverse Mortgage […]

A reverse mortgage in Canada isn’t always the right option depending on your situation. There are times when it may be better to take a look at some of the other financial options available to you before choosing to go with a reverse mortgage. It’s always a good idea to get independent advice about your […]

There are many people out there who do not believe in Reverse Mortgages in Canada. I used to be one of them. Then I learned more about the product and now I can see it can and has benefited many people. And yes, of course, there are people who a reverse mortgage is not right […]

Quite often we get asked the question about what hidden or buried costs there are in a reverse mortgage. This is largely because the whole product can come across of having a feeling of being too good to be true.  Being skeptical like this is a good thing considering how many financial products out there bury […]

Most of us watch a lot of American TV and hear American media and news which sometimes can make things confusing when it comes to understanding similar products, like a reverse mortgage. Have you read somewhere that the age to qualify for a reverse mortgage is over 62?  Have you been reading about terms such […]

Penalties – for paying back the reverse mortgage balance – are one aspect of a reverse mortgage that work very differently to a regular mortgage. Even if you don’t intend to pay it back (you plan on living in your home forever), you should review this information just for informational & educational purposes – just […]

Introduction Home is where everyone feels comfortable and it is a vital part of everyone’s life. If you are in your 50’s or 60’s, you have lived many years in your house and have thousands of memories there. You have raised your children there and spend valuable time with your friends and family. But, the […]

Investment Planning is the putting of assets into the best possible speculation vehicles in light of the financial specialist’s future objectives, time skyline, and needs. In a perfect world, appropriate venture arranging will enable the speculator’s assets to deliver monetary rewards after some time. Investment Planning for retirement Build a Total Return Portfolio One regular […]

Insurance and pension plans have fallen and there are limited options to choose from when it comes to live life comfortably in your old age. Contrary to youth, old age has different needs and thus customized retirement plans that help live without further hassle become mandatory. Our senior mortgage advice is not just about mortgages […]

Introduction: Retirement is all about mortgages and finances. On April 22, 2010, the Royal Canadian Golf Association reported its name change to Golf Canada. Golf Canada will hold its ancestor’s part in keeping up and developing the game in Canada, alongside propelling another participation program to help finance its beginner and junior projects while giving […]

Budgeting and managing your finances Between overseeing retirement, paying bills, taking care of Mastercards, putting something aside for things in life you need and the sky is the limit from there, dealing with your monetary life can get troublesome. Because of this, we regularly searching for approaches to make dealing with our monetary life simpler […]

Introduction Many people consider a move to Canada due to cheap housing rates. In recent years the Canadian dollar has strengthened which means new advents has very low purchasing power. House prices in major cities of Canada are much higher than those in small towns and cities. What do you need to know? If you […]

Did you know that one in three people aged 65 and above – in North America – are suffering from economic insecurity? This means that they don’t have enough money to pay for their basic needs like food, shelter, and medical needs. According to the National Council on Aging, the numbers will continue to rise with […]

“Always being in a hurry does not prevent death; neither does going slowly prevent living” – Ibo Proverb   This African proverb is a fine example of how you can embrace your new retirement phase.  Retirement planning includes thinking about what you want to do with your hard earned free time. A new metamorphosis of life […]

One is never too old or too young to get started on retirement planning. People want to enjoy their senior years and the only way to do that is to plan for it long before the big day that you finally say goodbye to your job and start living on your benefits and pension. Did […]